Acquisition of Verigreen Packaging complements product portfolio in Africa
ALPLA Group, the internationally active manufacturer of plastic packaging and recycling specialist, has acquired Verigreen Packaging, a manufacturer based in Durban. The company specializes in bottles and canisters for lubricants such as motor oils.
The Group has acquired the lubricants division of South African packaging manufacturer Verigreen with effect from July 7, 2021. Verigreen Packaging employs 25 people at its Durban site.
“This acquisition fits perfectly into our strategy. It allows us to enter a market segment in which we were not previously represented in Southern Africa and generates synergies for our existing customers as well as opportunities to further diversify our portfolio.”
- Mike Resnicek, Managing Director Sub-Saharan Africa
ALPLA is strengthening its commitment to the region with the purchase. In 2017, it had acquired Boxmore Packaging, the African market leader in the production of PET bottles, PET preforms as well as closures. A modern production plant including regional headquarters is currently being built in Lanseria, near Johannesburg. There is also a production facility near Cape Town. The acquisition of Verigreen Packaging adds a plant in the country’s third largest city, Durban. Outside Africa, the company already has a great deal of experience in the production of packaging for lubricants.