Oppenheimer Partners is building on its investment in GZI to create its sub-Saharan packaging platform. Growth plans for GZI include expansion into South Africa, diversifying its range of can sizes in Nigeria as well as broadening its product range into other packaging forms.
GZI commissioned a plant in South Africa in the first half of 2019, with room for further expansion as required. The GZI shareholders will be creating a Black Economic Empowerment trust in South Africa to ensure that the South African operation has a broad ownership base. This reflects a core part of Oppenheimer Partners’ investment philosophy of making a real and permanent contribution to the well-being of the communities in which it operates.