Nampak acquires Can Manufacturers from BDC

BDC managing director Bashi Gaetsaloe
BDC managing director Bashi Gaetsaloe

The Botswana Development Corporation (BDC) is selling a majority stake in wholly owned subsidiary, Can Manufacturers to South Africa’s Nampak.

Can Manufacturers produces and supplies a range of cans for packaging of food items.

In a notice released this week, the Competition Authority says it has received a merger notification for a proposed disposal of all the manufacturing assets of Can Manufacturers to Nampak Products Ltd and a yet to be formed Special Purpose Vehicle (Newco).

Editor's Comment
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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