{"id":5287,"date":"2025-02-11T06:05:53","date_gmt":"2025-02-11T11:05:53","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=5287"},"modified":"2025-02-11T06:05:53","modified_gmt":"2025-02-11T11:05:53","slug":"metal-cans-acquisition-of-nampak-kenya-recieves-regulatory-approval","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=5287","title":{"rendered":"Metal Cans acquisition of Nampak Kenya recieves regulatory approval"},"content":{"rendered":"


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The authority\u2019s decision underscores that the acquisition will not diminish competition in the industry. Credit: Gorodenkoff via Shutterstock.<\/figcaption><\/figure>\n<\/p><\/div>\n

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.<\/p>\n

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This move will see Metal Cans taking over Nampak Kenya\u2019s 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.<\/p>\n

The authority\u2019s decision underscores that the acquisition will not diminish competition within the metal packaging sector.<\/p>\n

Both companies have reassured that the transaction will solely involve asset transfer and will not impact employment levels.<\/p>\n

Last month, the Global Plastic Action Partnership (GPAP) reached an important<\/a> milestone by growing its network focused on making a positive impact on 25 countries.<\/p>\n

Following the inclusion of Angola, Bangladesh, Gabon, Guatemala, Kenya, Senegal, and Tanzania, GPAP\u2019s influence now extends to over 1.5 billion people globally.<\/p>\n

This positions it as the largest global initiative focused on addressing plastic pollution through comprehensive waste management strategies and principles of a circular economy.<\/p>\n

This growth bolsters efforts to promote sustainable materials innovation, improve recycling infrastructure, and reduce greenhouse gas emissions. <\/p>\n

At the heart of GPAP\u2019s approach are National Action Roadmaps \u2013 customised frameworks for each country aimed at encouraging sustainable practices, supported by a global network for knowledge sharing.<\/p>\n

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