# Pro-Pac Packaging to merge with Integrated Packaging Group in A$177.5M deal

Sydney-based Pro-Pac Packaging agreed a share sale to merge with Integrated Packaging Group in a A$177.5 million deal, creating a flexible and industrial packaging business, with completion proposed for 6 November after a shareholder vote.

- Type: Acquisition
- Announced: 2017-09-11
- Where: Sydney, Australia
- Value: $137.0M (177.5M AUD)
- Status: announced
- Products: shrink and stretch films, flexible packaging materials, lidding films, industrial packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Pro-Pac Packaging](https://endata.com/companies/2039.md) (acquirer)
- [Integrated Packaging Group](https://endata.com/companies/2040.md) (target)

## Sources

- [packagingnews.com.au](https://www.packagingnews.com.au/news/pro-pac-and-integrated-packaging-announce-177-5m-merger-deal), 2017-09-11: "Sydney headquartered Pro-Pac Packaging Limited has entered into a share sale agreement to merge with Integrated Packaging Group."

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