Nedbank PE teaming up with South African investor to buy packaging firm

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Nedbank Private Equity, the PE arm of South Africa’s fourth-largest bank Nedbank Group, is set to acquire a plastic and packaging company along with a local co-investor, VCCircle has gathered.  The PE firm, which backs mid-market companies in Southern Africa and largely invests in retail and consumer non-durable sectors, is acquiring Tropic ......