Nampak Limited (JSE:NPK)

Erik Smuts
CEO
Market Cap (AUD): 1.09B
Sector: Industrials
Last Trade (AUD): 159 +1 (+0.63%)
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1. About

Nampak Limited (JSE:NPK) is Africa’s leading diversified packaging manufacturer. Nampak leverages the skills of its 5 000+ people and capitalises on its substantial investment in state-of-the-art production facilities. The group's world-class research and development facility based in Cape Town, South Africa, provide technical and innovative product development support to its businesses and customers – many of which are among the world's largest fast-moving consumer goods companies.

The group participates in extensive collection and recycling initiatives and continues to invest significant time and resources into the development of sustainable products. Nampak works to minimise its environmental impact including supporting and facilitating the recycling, re-use and recovery of packaging.

Nampak operates from 22 sites in South Africa and 17 sites in the rest of Africa. The group continues to invest and improve the performance of its base business in South Africa and is accelerating its investment in the rest of Africa, where some of its factories have operated since the 1940s.

Nampak delivers the following products and services:

Metals

Bevcan produces aluminium beverage cans and ends for the alcoholic, carbonated soft drink, fruit juice, energy drink, vegetable juice and ice tea markets. Nampak beverage can facilities are based in South Africa, Angola and Nigeria.

DivFood produces tinplate food cans for the canned food market, as well as a large range of diversified aluminium and tinplate cans including aerosols, monoblocs, paint and shoe polish cans to the personal care, household goods, and industrial markets. Nampak DivFood facilities are based in three regions within South Africa.

The rest of Africa general metal packaging includes food tinplate cans for the fruit, vegetable and milk markets, crowns for the beverage market and diversified tinplate cans for various markets. The operations are based in Kenya, Nigeria, Tanzania, Zambia and Zimbabwe.

Paper

Paper operations include the production of beverage cartons for milk, fruit juice, water and traditional beer, self-opening paper bags for the flour and sugar markets, corrugated cases/boxes for the tobacco, poultry, food and general commercial markets, as well as labels and folding cartons for the tobacco, food and beverage markets. The paper operations are based in South Africa, Kenya, Nigeria, Malawi, Zambia, and Zimbabwe.

Plastics

Nampak Rigid Plastics produces HDPE and PET bottles and jars, plastic closures, tubes, crates and drums suitable for the fruit juice, dairy, carbonated soft drink, water, alcoholic beverage, bakery, agriculture, chemical, petroleum, personal care and household markets. The plastics operations are based in various sites throughout South Africa. Nampak also has a significant plastic packaging manufacturing operation in Zimbabwe, supplemented by smaller scale plants in Zambia and Ethiopia.

Inspection and Coding Solutions

Nampak I&CS is a division that supplies Videojet, Altec, Marsh, TapTone, Sesotec, Purex brands and offers the latest in date coding technology, with a range of ink jet, thermal transfer, laser data/batch coders, package integrity inspection/pressure/ vacuum loss detection and foreign partial Metal or X-Ray detectors. The division is a leading supplier of data/batch coding and package inspection equipment with offices in Johannesburg, Durban, Port Elizabeth, Nelspruit and Cape Town.

Research and Development

Nampak R&D is based in Cape Town, South Africa — employing scientists, engineers, technologists and technicians. The facility’s state-of-the-art analytical equipment, together with the personnel’s knowledge and experience in different fields such as material science, chemical analysis, microbiology, food and beverage science and coatings technology is key to the provision of innovative solutions and services to our operations and customers.

Nampak has been listed on the JSE since 1969.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk