Nampak sells glass packaging business

In line with the group’s ongoing strategy to sharpen its focus on strategic substrates, Nampak is to sell its South African glass container business to Isanti Glass 1 for an estimated R1.5 billion. The manufacturing facility at Roodekop, Gauteng features three furnaces and nine production lines, satisfying approximately 25% of market demand.

Isanti Glass 1 is 60%-owned by the Kwande Capital investment company established in 2010, while SABSA Holdings, the holding company of South African Breweries, has a 40% stak


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