.
MergerLinks Header Logo

Announced

Nippon Paper Industries to acquire Orora's fiber arm for $1.2bn.

Financials

Edit Data
Transaction Value£947m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

fibre materials

Friendly

Private

Pending

Majority

Australia

Acquisition

Containers and Packaging

Single Bidder

Synopsis

Edit

Nippon Paper Industries, a Japanese paper manufacturing company, agreed to acquire Orora, a packaging supplier to food, beverage and industrial manufacturers, fiber arm for $1.2bn. "The Nippon Paper offer represents compelling value for shareholders, reflecting a full price for the Australasian Fibre Business which has reached maturity under Orora ownership and which will now benefit from the synergies and other value enhancements available to Nippon Paper as a strategic acquirer. Orora will now focus on its Australasian Beverage and North American businesses which both have a strong long term growth outlook and provide opportunity for superior returns on capital for shareholders,” Orora Chairman Chris Roberts.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US