Page 24 - Glass Machinery Plants & Accessories no. 4/2018
P. 24
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NAMPAK corporate finance
disposal process was in
GLASS DIVISION process, it added.
It is thought the business
TO BE SOLD could end in foreign it did not own from joint
hands as competition venture partner, German-
South African container to approach packaging authorities are unlikely to based Wiegand-Glas.
glassmaker Nampak industry players to invite agree to a deal with the At the time Nampak CEO
has announced that it is proposals for the sale of sole other South African Andrew Marshall said the
selling its glass division. the glass business,” the container glassmaker, acquisition was part
“To ensure the long- company said. Consol Glass. of a strategy of “investing
term profitability of Exploratory discussions In November 2011, in our core businesses
glass and to address the had been held with a Nampak spent R938 where we believe
operational skills gap, number of strategic million to acquire the we have competitive
the board has resolved partners and a formal 50% of its glass business advantages.”
EMHART EMMETI - SIPAC
TAKEOVER EXHIBITING
OF ITS CHINESE AT CHILE GLASS 2018
JOINT VENTURE
Bucher Emhart
Glass is to take
over the remaining Established in 1982, Emmeti is one of the leading
shares of its joint suppliers of palletizers and depalletizers to the global
venture with glass market. The synergy between Emmeti and its
Shandong Sanjin associated company Sipac allows to offer a complete
Glass Machinery. range of palletizing, depalletizing and conveying lines
The joint venture was formed in 2011 and specialises – either semi or fully automatic, sweeping or gripping,
in glass forming machinery in China. high or low level solutions. Emmeti can also design,
Emhart said the complete takeover emphasises the in conjunction with Sipac, complete cold end and
importance of the Chinese market and will lead to packaging lines manufactured, assembled and tested
a rapid and more systematic development of the entirely at its own plant. Customers deal with one
subsidiary. supplier only for the integration of all the equipment.
In 2011, Bucher Emhart Glass acquired a stake of Sipac designs and produces bottle and package
63% of Shandong Sanjin, which is located in Zibo. conveying systems, accumulating solutions, elevators,
Sanjin produces standard glass forming machines, lowerators, lane dividers, optical detection system
inspection machines and annealing lehrs specifically for non-round or special container orientation and
for the Chinese market. Bucher Emhart Glass exports other package transportation systems. Sipac and
glass forming and inspection machines, serving China’s Emmeti, together, can provide full service engineering,
high-end segment only. manufacturing and commissioning of production lines,
The complete takeover of Sanjin by Bucher Emhart as well as any type of revamping lines, in order to best
Glass will be concluded over the next few months. suit the customers’
Emhart said it will foster even stronger collaboration demands.
between the two companies as well as the systematic Along with the systems
and direct application of knowledge regarding designed and produced
technology, production efficiency and product by Emmeti , Sipac
development. can incorporate
Sanjin will also profit from the best practices equipment from sub-
and management processes of Bucher 2018 suppliers for turnkey
Emhart Glass. projects.
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