# Nippon Paper to acquire Orora's Australasian fibre packaging business for A$1.72bn

Nippon Paper Group agreed to acquire Orora's paperboard fibre-based packaging business in Australia and New Zealand for an enterprise value of A$1.72bn (US$1.15bn), entering integrated corrugated paperboard manufacturing in Oceania.

- Type: Acquisition
- Announced: 2020-08-08
- Where: Australia and New Zealand, Australia
- Value: $1.15B (1.72B AUD)
- Status: announced
- Products: paperboard fibre-based packaging, corrugated paperboard
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Orora](https://endata.com/companies/992.md) (partner)
- [Nippon Paper Group](https://endata.com/companies/6872.md) (acquirer)

## Sources

- [foodbevhub.com.au](https://www.foodbevhub.com.au/news/11770/), 2020-08-08: "Nippon Paper Group has agreed to acquire Orora's paperboard fibre-based packaging business in Australia and New Zealand"

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