Packaging
Transpaco is still hunting ‘very aggressively’ for acquisitions
03 December 2023 - 17:05
Niche packaging group Transpaco has been looking “very aggressively” at acquisitions, including segments of larger and loss-making rival Nampak. But no opportunities have been deemed deal worthy.
Speaking at an AGM on Friday, CEO Phil Abelheim disclosed that Transpaco had looked at 30-40 companies as possible acquisition targets in the past year. “There was not very much that was of interest to us.”..
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