Major Australian packaging group expands with acquisition

Australian packaging giant Pact Group Holdings has announced the 41m AUD (31m USD) acquisition of Sydney-based contract manufacturer Pascoe Group, one of Australia’s largest manufacturers of aerosol and liquid-based consumer products in the household and industrial chemicals category.

Major Australian packaging group expands with acquisition

Pascoe manufactures branded and private label products and manufactures and distributes own-brand products, supplying supermarkets and hardware stores.

Pact claims it is Australasia’s largest rigid plastics packaging manufacturer with operations in Australia, New Zealand and a growing footprint in Asia. It employs more than 4,000 people and produces eight billion units of packaging annually.

Henry Mendelson

  • Oceania correspondent