# Opal sells Australian and New Zealand bags business to Magan Group affiliate

Opal has sold its Australian and New Zealand bag manufacturing business to an affiliate of The Magan Group, with no production interruptions expected during the transition.

- Type: Acquisition
- Announced: 2026-10-07
- Where: Australia
- Status: completed
- Products: bags
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Opal Group](https://endata.com/companies/9513.md)
- [The Magan Group](https://endata.com/companies/95366.md) (acquirer)

## Sources

- [packagingnews.com.au](https://www.packagingnews.com.au/latest?page=2), 2026-11-09: "Opal has sold its Australian and New Zealand bag manufacturing business to an affiliate of The Magan Group, with no production interruptions expected during the transition."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.