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
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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