# Pro-Pac Packaging acquires Perfection Packaging in Australia

ASX-listed Pro-Pac Packaging Group agreed to buy Victoria-based flexible packaging maker Perfection Packaging for $49.8 million, funded by a capital raising. The factory in Dandenong South employs 100 people.

- Type: Acquisition
- Announced: 2018-07-04
- Where: Dandenong South, Melbourne, Victoria, Australia
- Value: $36.3M (49.8M AUD)
- Jobs: 100
- Status: announced
- Capacity: forecast production of 80 million meters a year
- Products: printed laminate hard flexible 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)
- [Perfection Packaging](https://endata.com/companies/3549.md) (target)

## Sources

- [print21.com.au](https://print21.com.au/news/pro-pac-in-60m-double-acquisition/), 2018-07-04: "Pro-Pac has agreed to pay $49.8 million for flexible packaging manufacturer Perfection."

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