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
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

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