Kin Group to acquire the remaining stake in Pact Group for AUD117m (excl.debt).

Kin Group, a family office, offered to acquire the remaining 50% stake in Pact Group, a packaging company, for AUD117m (excl.debt). “Kin Group has every confidence in Pact and its employees. However, Kin Group considers that success for Pact is best achieved under private ownership without the additional costs, market volatility and complexities of being an ASX listed company," Kin Group.