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Consolidated Packaging Australia, a KnoxCorp subsidiary, agreed to buy Pro-Pac Packaging's Australian businesses, excluding Perfection Packaging, with completion expected by early March 2026. The New Zealand sale is expected to complete by end January 2026.
Perfection Packaging, a unit of Pro-Pac Packaging based in Dandenong, Victoria, is being wound down and is scheduled to close in February 2026. It was excluded from the sale to Knoxcorp.
Australian investor Knoxcorp, through subsidiaries, is buying the Australian and New Zealand continuing businesses of Pro-Pac Packaging from administrator McGrathNicol, excluding the Perfection Packaging unit. Completion is expected in early March 2026 in Australia and by 30 January 2026 in New Zealand.
TricorBraun has completed its acquisition of PB Packaging, a leading Australian provider of plastic and glass packaging previously owned by Pro-Pac Packaging Limited. The deal was announced on June 26, 2022.
TricorBraun agreed to acquire PB Packaging, a wholly owned subsidiary of ASX-listed Pro-Pac Packaging, expanding its presence in Australia. PB has 140 team members and the deal is expected to close in Q2 2022, subject to Foreign Investment Review Board approval.
Pro-Pac Packaging Group agreed to acquire Polypak, an Auckland soft flexible packaging manufacturer and distributor, for NZ$8.8 million. The North Harbour plant employs 28 people.
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.
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.
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.
