The acquisition was effective 1 May 2015 with the newly added business providing the Germany-based group with a broader customer base to supply its line of plastic packaging as well as its line of IBCs.
Mauser said the decision to acquire Greif’s business not only reaffirms its commitment to the Brazilian market but also to growing its global operations.
In a further acquisition, Mauser subsidiary National Container Group (NCG), based in Durban, South Africa, is buying the IBC cage manufacturing line from Megapak Drums, a Division of Nampak and licensee of Mauser Maschinentechnik.
From 1 July 2015, NCG will take over the marketing and sales of IBCs in the Sub-Saharan Africa market. Megapak will continue the manufacturing of IBC bottles, whereas cage manufacturing and final assembly will take place at a new facility adjacent to NCG’s new Reconditioning facility in Westmead, Durban.