IVE Group

Announcements · 3

Feb 29, 2024INVESTMENTSilverwater, New South Wales, Australia
IVE Group to add die-cutting and gluing equipment at Silverwater for folding cartons
IVE Group plans to invest in new die-cutting and gluing finishing equipment at its Silverwater, NSW facility to generate about AUD 30 million of packaging capacity in the short term. Implementation begins in the new financial year.
IVE Group investor #Packaging print21.com.au
Oct 25, 2023ACQUISITIONMelbourne, Australia$22.5M
IVE Group to acquire JacPak for $35 million, entering fibre-based packaging
IVE Group signed a binding agreement to acquire 100% of Melbourne packaging group JacPak for a total consideration of $35 million. The deal enters the short to medium run folding cartons segment and is scheduled to complete on 31 October 2023.
IVE Group acquirer JacPak target #Packaging ivegroup.com.au print21.com.au
Aug 25, 2022INVESTMENTAustralia$21.0M
IVE sets aside $30M-$40M to enter packaging via acquisition
Printing group IVE plans to move into fibre-based packaging and is seeking an acquisition, with $30 million to $40 million allocated for this and other earnings-accretive opportunities. The plan follows a strategic review announced with its full-year results in August 2022.
IVE Group packagingnews.com.au

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