ALPLA Group (Hard, Austria) has acquired South African packaging manufacturer Verigreen Packaging, which is based in Durban. The company specializes in bottles and canisters for lubricants. such as engine oils.
“This acquisition is the perfect fit for our strategy,” explains Mike Resnicek, Managing Director of Sub-Saharan Africa at ALPLA. “It offers us an inroad into a market segment in which we have not been present in southern Africa until now as well as generating synergies for our existing customers and giving us opportunities to further diversify our portfolio.”
With the acquisition, ALPLA is increasing its involvement in this region. In 2017, it acquired Boxmore Packaging, the African market leader in the manufacture of PET bottles, PET preforms and caps. A modern production facility together with a regional head office is currently under construction in Lanseria near Johannesburg. There is another production facility near to Cape Town. The acquisition of Verigreen Packaging adds a plant in the country’s third largest city, Durban, to the portfolio. Outside of Africa, the ALPLA Group already has a wealth of experience in the production of packaging for lubricants.
The two companies have agreed not to disclose any details regarding the deal.