CMS — with ENSafrica assisting on all matters of South African law — has advised ALPLA, an Austria-based worldwide provider of plastic packaging, on its agreement to acquire Boxmore Packaging, headquartered in Johannesburg, South Africa. Signing of the transaction occurred on July 5, 2017, and closing is subject to applicable regulatory and competition approvals. Financial terms of the transaction were not disclosed.
According to CMS, "ALPLA is among the leading companies in the field of plastic packaging solutions. Around 17,300 employees at 160 locations across 43 countries produce tailor-made packaging systems, bottles, caps, and injection moulding parts. The high-end packaging solutions are used for a large variety of products, including food and beverages, cosmetics and care products, cleaning products and detergents, engine oil, and lubricants."
CMS describes Boxmore Packaging — which specializes in PET pre-forms, PET bottles, and closures, and currently employs around 1,000 people at nine locations — as "an African market leader in packaging." The company's customers are situated in more than 20 African countries, as well as on islands in the Indian Ocean.
The CMS team was led by Partner Alexander Rakosi and included Partners Dieter Zandler and Sibylle Novak, Attorney Lisa Oberlechner, and Associates Marie-Christine Lidl and Arno Scharf.