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Announced

Completed

Pro-Pac Packaging completed the acquisition of Integrated Packaging Group for A$118m.

Financials

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Transaction Value£69m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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industrial goods packaging

agricultural packaging

Containers and Packaging

Australia

Private

Completed

Friendly

Single Bidder

Private Equity

Acquisition

Merger

Synopsis

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Pro-Pac Packaging, which engages in manufacture and distribution of industrial, protective and rigid packaging products, completed the acquisition of Integrated Packaging Group, a manufacturer and distributor of stretch film wrap and associated products, for A$118m. This deal furthers Integrated Packaging Group as a fundamental part of Australia’s strong and sustainable packaging future, merging its strength in manufacturing and flexibles with Pro-Pac’s imports and distribution expertise. At the same time, Pro-Pac gains access to global markets through IPG’s Australasian manufacturing presence.

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