Group eyes growth in packaging business as glass shortage adds to opportunities
Printing and publishing group Caxton has bought packaging specialist Amcor’s operations and properties in Cape Town and Gqeberha for R90m, as part of its ongoing strategy to grow its business and gain market share in that sector.
Caxton has been restructuring in the face of falling newspaper and magazine sales, but has returned to annual profit after cost-cutting...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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