AR Packaging Completes Its Acquisition of Nampak Cartons Nigeria

AR Packaging Completes Its Acquisition of Nampak Cartons Nigeria

Must Read

List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...

Top 10 Most Expensive Universities In Nigeria

For many Nigerians, high-quality higher education is a luxury. There are many private universities who are known not only...

Zenith Bank FY 2019 Financial Statement: Fear the Bank’s Staff more than the Yahoo Boys

The Board of Zenith Bank PLC, on Friday, 21st February 2020 released the bank’s audited full financial statement for...
- Advertisement -
- Advertisement -

Following customary closing conditions and local regulatory approvals, AR Packaging announces the completion of the acquisition of rlc packaging group, including indirectly a significant share in BSC Drukarnia Opakowań S.A., and Nampak Cartons Nigeria Limited.

Through these acquisitions, AR Packaging continues its successful growth development in line with the strategic plan to expand in selected segments and geographies. AR Packaging elevates to a leading market position also in the healthcare, pharma and beauty segment. The acquisition of the Nigerian operation is an important first step to establish a footprint in the African market and the Group now has the capability to serve its multinational customers from three continents.

Read:  Avon HMO Wins Two Excellence Awards

AR Packaging is also pleased to have acquired 24.1% of the shares indirectly owned by the management of BSC Drukarnia Opakowań. Thereby the Group now owns 60.8% of this Polish company. The experienced management of BSC will remain in current positions as a valued assurance of continued successful development of the company.

“We are very pleased to having received full clearance on the acquisitions and warmly welcome the new companies in our group. This is a very important step in the development of AR Packaging which will now encompass 28 plants in thirteen countries with 5,500 highly experienced employees”, says Harald Schulz, President and CEO of AR Packaging. “The customers of rlc packaging, BSC and Nampak will benefit from our Group’s unique product portfolio including multi-substrate packaging for a wide range of applications”.

All acquired entities will be operating under the name AR Packaging and the integration is in full progress together with the highly experienced local management teams.

- Advertisement -

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

Coronavirus: It’s Potential Effect on Nigeria’s Economy – Report

On the last day of 2019, the World Health Organisation’s (WHO) China office heard the first reports of a...

2020 Global and Nigerian Political-Economic Outlook

The year 2019 drew the curtains on a decade and served as the perfect prelude for a new one. It was a decade of...

Could The Coronavirus affect Manufacturing and the Price Of Solar?

Since 2009 China has been the world’s largest exporter of goods across various sectors. Whilst its key exports are automatic data processing machines, clothing,...

Focus on Customer experience is crucial in healthcare facilities – Report

With the cost of retaining a customer much lower than that of acquiring a new one, customer satisfaction is becoming increasingly important in various...
%d bloggers like this: