Subscribe & Follow
#CannesLions
- Final Grande Prix and LionsDanette Breitenbach
- Day 3: Grande Prix and Gold winners announcedDanette Breitenbach
Trending
- MultiChoice mourns the death of Nkateko MabasoKarabo Ledwaba
Jobs
- Operations/Production Manager Pinetown
- Print Sales Executive Johannesburg
- Xerox Operator Sandton
- Mechanical Maintenance Hammanskraal
- Debtors/Creditors/General Accounts Clerk Pretoria North
- Print Estimator Pretoria
- Print Sales Representative Pretoria
- Senior Bookkeeper Hammanskraal
- Technical DTP Operator Johannesburg
- Key Account Manager Johannesburg
Sappi sells Cape Kraft recycled packaging mill to Golden Era Group
Commenting on the transaction, Sappi Southern Africa CEO Alex Thiel said: "The sale of the Cape Kraft and Enstra mills and the recycled packaging paper business is in line with Sappi Southern Africa's strategy to unlock value from non-core assets and free up resources for investment in dissolving wood pulp, virgin containerboard and other new business opportunities. The sales also support the Sappi Limited strategy to strengthen the group's balance sheet and focus on high-growth opportunities."
Golden Era Group CEO Kishor Chhita remarked: "We are very pleased to be able to acquire this top quality asset from Sappi. It will strengthen our position in the market as a service-oriented company that offers packaging solutions and will further help us to achieve our goal of creating lasting team-based partnerships with our customers."
- Sappi research chair at Wits marks a milestone year of climate action07 Jun 16:13
- Sappi Southern Africa launches innovative aquaponics venture03 Jun 14:19
- Sappi Karkloof Classic Trails Festival – Building a lasting legacy23 May 14:31
- Sappi signs milestone 175GWh per annum renewable energy Power Purchase Agreement with Enpower Trading08 May 13:13
- Promising SA-first solution to convert paper sludge, food and textile waste into bioethanol29 Apr 13:07
![](/res/img/s.gif)