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
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

Have a Story? Send Us a tip
arrow up