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

Integrated Packaging Group agreed a merger with Pro-Pac Packaging in a share sale deal valued at $177.5 million, creating a flexible packaging leader across Australia and New Zealand. Shareholder vote is expected end of October with tentative completion November 6, 2017.

- Type: Acquisition
- Announced: 2017-10-10
- Where: Australia
- Status: announced
- Products: flexible packaging, films, trays, shrink and stretch 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) (target)
- [Integrated Packaging Group](https://endata.com/companies/2040.md) (acquirer)

## Sources

- [integratedpackaging.com.au](https://www.integratedpackaging.com.au/packaging/integrated-packaging-joins-with-pro-pac-in-177-5m-merger/), 2017-10-10: "A new "transformative merger" has been announced, with Integrated Packaging Group joining Pro-Pac Packaging in a $177.5 million share sale deal."

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