The Competition Authority of Kenya has given its approval for Metal Cans & Closures to acquire assets from Nampak Kenya, a subsidiary of South Africa-based Nampak.
This move will see Metal Cans taking over Nampak Kenya’s plant and machinery, properties, and inventory, marking a significant expansion for the company into new product lines such as feed cans, crown caps, and shoe polish containers.
The authority’s decision underscores that the acquisition will not diminish competition within the metal packaging sector.
Both companies have reassured that the transaction will solely involve asset transfer and will not impact employment levels.
Last month, the Global Plastic Action Partnership (GPAP) reached an important milestone by growing its network focused on making a positive impact on 25 countries.
Following the inclusion of Angola, Bangladesh, Gabon, Guatemala, Kenya, Senegal, and Tanzania, GPAP’s influence now extends to over 1.5 billion people globally.
This positions it as the largest global initiative focused on addressing plastic pollution through comprehensive waste management strategies and principles of a circular economy.
This growth bolsters efforts to promote sustainable materials innovation, improve recycling infrastructure, and reduce greenhouse gas emissions.
At the heart of GPAP’s approach are National Action Roadmaps – customised frameworks for each country aimed at encouraging sustainable practices, supported by a global network for knowledge sharing.
