07.07.17
ALPLA, a leading provider of plastic packaging worldwide, has bought an African market leader in the form of Boxmore Packaging. The company, headquartered in Samrand, Johannesburg, specializes in PET pre-forms, PET bottles and closures, and currently employs approximately 1,000 members of staff at nine locations.
“The African continent is an attractive growth market for us. With the purchase of Boxmore Packaging, we now also have a broad basis for entering the market in South Africa, in addition to our activities with ALPLA TABA in North Africa,” said ALPLA CEO Günther Lehner.
ALPLA has acquired 100% of Boxmore Packaging. All employees and locations are being taken on by ALPLA. The current board, under the leadership of Len Engelbrecht (Boxmore CEO), will continue to manage the existing Boxmore business, and in addition, take on responsibility for the integration and management of the existing ALPLA SA business. For the foreseeable future the company will continue to operate under the existing name as a member of the ALPLA Group.
Founded in 1995, Boxmore Packaging is seen as the market leader for PET pre-forms and bottles (ISBM technology), as well as closures, in southern Africa. Its headquarters are located in the industrial zone of Samrand near the South African city of Johannesburg. It currently manufactures approximately 4 billion of the aforementioned products each year at nine production locations. The customers of Boxmore Packaging are situated in more than 20 African countries, as well as on the islands in the Indian Ocean.
“With this acquisition, the biggest in the history of the company, we are taking a significant step towards our targets on the African continent,” said Lehner.
Implementation remains subject to the required legal and regulatory approval by the competition authorities. The contract parties have reached a confidentiality agreement regarding the financial details.
“The African continent is an attractive growth market for us. With the purchase of Boxmore Packaging, we now also have a broad basis for entering the market in South Africa, in addition to our activities with ALPLA TABA in North Africa,” said ALPLA CEO Günther Lehner.
ALPLA has acquired 100% of Boxmore Packaging. All employees and locations are being taken on by ALPLA. The current board, under the leadership of Len Engelbrecht (Boxmore CEO), will continue to manage the existing Boxmore business, and in addition, take on responsibility for the integration and management of the existing ALPLA SA business. For the foreseeable future the company will continue to operate under the existing name as a member of the ALPLA Group.
Founded in 1995, Boxmore Packaging is seen as the market leader for PET pre-forms and bottles (ISBM technology), as well as closures, in southern Africa. Its headquarters are located in the industrial zone of Samrand near the South African city of Johannesburg. It currently manufactures approximately 4 billion of the aforementioned products each year at nine production locations. The customers of Boxmore Packaging are situated in more than 20 African countries, as well as on the islands in the Indian Ocean.
“With this acquisition, the biggest in the history of the company, we are taking a significant step towards our targets on the African continent,” said Lehner.
Implementation remains subject to the required legal and regulatory approval by the competition authorities. The contract parties have reached a confidentiality agreement regarding the financial details.