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Packaging News South Africa

Astrapak sells Alex White & Co

Packaging group Astrapak has sold Alex White & Co to Tadbik Pack SA for an undisclosed amount.

Astrapak identified the business as being a non-core asset with limit growth prospects. All conditions precedent had been met and the sale was effective from 1 August.

The company said it did not expect the sale to have any material effect on the group's earnings.

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

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