Ringmetall Enters South Africa, Strengthens Liner Division

Ringmetall SE, a global specialist in the packaging industry, has announced its first venture into the South African market. The company acquired a 75.1% stake in Tesseraux SA, incorporated to include Vinbag (PTY) LTD's operating business. A call option gives Ringmetall the opportunity to acquire the remaining 24.9% in the future. This acquisition strategically positions Ringmetall to expand its Liner division by offering bag-in-box systems, ranging from 1.5 to 25 liters, to the South African wine and juice industries.

Aside from enhancing its bag-in-box business, Ringmetall aims to introduce other products, such as 1,000-liter liners, to the region. This move comes as South Africa's wine and food sectors increasingly adopt efficient packaging solutions. The deal also involves integrating Vinbag's existing team of 30 employees and leveraging group-level resources for increased synergy.