Close Menu
  • Briefing
    • Cover Story
    • Latest News
    • Counties
  • Politics
    • Society
  • Special Reports
    • Companies
    • Enterprise
    • Money
    • Technology
  • Columns
  • Dispatches from China
  • Member Content
    • Shop
  • Contact Us
    • About us
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram LinkedIn
Nairobi Business Monthly
Subscribe
  • Briefing
    • Cover Story
    • Latest News
    • Counties
  • Politics
    • Society
  • Special Reports
    • Companies
    • Enterprise
    • Money
    • Technology
  • Columns
  • Dispatches from China
  • Member Content
    • Shop
  • Contact Us
    • About us
Nairobi Business Monthly
Home»Briefing»CAK approves Nampak Kenya – Metal Cans & Closures merger
Briefing

CAK approves Nampak Kenya – Metal Cans & Closures merger

Antony MutungaBy Antony Mutunga12th February 2025No Comments2 Mins Read
Facebook Twitter WhatsApp Telegram Email
Share
Facebook Twitter WhatsApp Telegram Email

Metal Cans & Closures Kenya Limited, a Kenyan based private limited liability company, has been given the green light by the Competition Authority of Kenya (CAK) to merge with Nampak Kenya Limited, a manufacturer of metal packaging materials.

The authority gave its unconditional approval for the proposed acquisition following a thorough analysis determined that the transaction is unlikely to negatively impact competition in the market for metal packaging materials or raise any public interest concerns.

The proposed transaction met the threshold for mandatory notification and full analysis, as a merger under the Competition Act Cap 501 of the Laws of Kenya, with the combined turnover or assets of the merging parties exceeding Sh1 billion. As the combined market share of Metal Cans & Closures Kenya and Nampak Kenya stands at 4%, post-merger, and still faces competition with a market share of 96%, the authority deemed the merger acceptable.

The Nairobi Law Monthly September Edition

The merger will see Metal Cans & Closures Kenya, which specializes in the manufacture of fabricated metal containers for various industries, including paint, chemicals, seeds, and coffee, acquiring certain assets of Nampak Kenya, which is under Nampak Limited, a listed firm on the Johannesburg Stock Exchange, including plant and machinery, properties, and inventory.

The rationale behind this acquisition is to enable the former to expand its business operations by venturing into the production of food cans, crown caps, and shoe polish containers.

The competitors to the new entity will include Platinum Packaging – one of the major players in the Kenyan packaging market, holding a 7% share – Friendship Container Manufacturer, and Packaging Industries Limited. Additionally, there is considerable competition from alternative packaging materials such as plastics and international suppliers, which influence pricing and market share dynamics.

With the Kenyan packaging market having being valued at approximately Sh75.55 billion ($585 million) in 2023, a number of new players have entered into the industry.

As a result, the market is experiencing innovations in design, materials, and manufacturing processes, driven by increasing consumer demand for convenient and sustainable packaging solutions.

The Nairobi Law Monthly September Edition
CAK Nampak Kenya - Metal Cans & Closures merger
Follow on Facebook Follow on X (Twitter) Follow on WhatsApp
Share. Facebook Twitter WhatsApp Telegram
Antony Mutunga

Antony Mutunga holds a Bachelors degree in Commerce, Finance from Jomo Kenyatta University of Agriculture and Technology. He previously worked for Altic Investment & Consultancy before he joined NBM team in 2015. His interest in writing ranges from business, economics and technology. He is also our lead researcher in matters business.

Related Posts

Fatal crash halts traffic on Nairobi-Mombasa Highway

30th May 2025

VAT shake-up in Finance Bill 2025 threatens businesses, economists warn

29th May 2025

AfDB sees Africa becoming the world’s second-fastest growing region

29th May 2025

DTB posts strong profit growth amid strategic shifts

29th May 2025
Add A Comment

Comments are closed.

The Nairobi Law Monthly September Edition
Latest Posts

Fatal crash halts traffic on Nairobi-Mombasa Highway

30th May 2025

TIFA poll: Most Kenyans reject broad-based govt over cost of living concerns

29th May 2025

VAT shake-up in Finance Bill 2025 threatens businesses, economists warn

29th May 2025

AfDB sees Africa becoming the world’s second-fastest growing region

29th May 2025

DTB posts strong profit growth amid strategic shifts

29th May 2025
The Nairobi Law Monthly September Edition
Nairobi Business Monthly
Facebook X (Twitter) Instagram LinkedIn
  • About Us
  • Member Content
  • Download Magazine
  • Contact Us
  • Privacy policy
© 2025 NairobiBusinessMonthly. Designed by Okii

Type above and press Enter to search. Press Esc to cancel.