Nippon Paper to acquire Orora's paperboard packaging business in Australia and New Zealand
Nippon Paper Industries signed an agreement to buy Orora Limited's paperboard packaging business in Australia and New Zealand, including the Botany paper mill, for an enterprise value of AUD 1.72 billion in cash.
Capacity
almost 400,000 tonnes of recycled containerboard per year at Botany mill
Productsrecycled containerboardcorrugated paperboardcartonsbagsspecialty packagingfunctional coatings
“Nippon Paper Industries announced that it has signed an agreement with Orora Limited to purchase Orora's paperboard fiber-based, packaging business in Australia and New Zealand”paperage.com
- 3 sources
- paperage.comNippon Paper to Acquire Paperboard Packaging Business of Orora Limited in Australia and New ZealandOct 10, 2019
- sharecafe.com.auOrora Soars On The Back Of Nippon Paper Sale - SharecafeOct 10, 2019
- macquarie.comNippon Paper’s acquisition of Orora’s Australasian Fibre Packaging Business | Macquarie GroupSep 10, 2020
Summarized from public sources; check the original articles before acting on it.
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