Nampak business on life support should send shivers down industry spines

Posted on: 17/12/19

More evidence of serious fresh milk industry supply chain stress. Nampak is a significant UK milk bottle manufacturing business whose accounts which were recently published showing significant losses of £2.7 million in 2018 with an eye watering pension fund liability of almost £28 million.

Excluding Nampak’s significant restructuring costs the years efforts leave a small 2018 profit of only £124,000 (£3.75 million loss in 2017) on a turnover of £76 million (£84 million in 2017). That’s a margin of 0.1%.

On further investigation its rumoured that Nampak had an immediate crisis on their hands last week and were urgently seeking significant (as in several hundred thousand) blow moulded liquid containers from competitor blow moulding factories in the run up to Christmas for which Nampak are unable meet the extra demand, middle ground Nampak customers include Paynes Grahams, Medina, Arla & Trewithen to mention a few.