Nampak Cartons Nigeria is one of the leading carton packaging companies in Nigeria. The company serves a broad market of primarily multinational customers in the tobacco and food segments from its production facility in Ibadan, Oyo State. Currently, the company employs approximately 200 personnel. Nampak Cartons Nigeria was established in 2004 by a subsidiary of Nampak Limited.
“With the acquisition of Nampak Cartons Nigeria, we have taken an important first step towards establishing a footprint in the African market. Together with the highly experienced management team of Nampak Cartons Nigeria, we are convinced that we will be able to deploy true growth opportunities in Nigeria and more broadly in Africa,” said Harald Schulz, president and CEO of AR Packaging.
Completion of the acquisition is subject to customary closing conditions, including local regulatory approvals.