New US acquisition results in more growth for Australian packaging giant

Australian packaging giant Orora has finalized its acquisition of two major US-based print and packaging companies, Graphic Tech and Garvey Group.

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Consideration of the acquisition is reported to exceed 70 million USD. The announcement indicates that the purchase is part of Orora's US expansion objectives which in the past have added The Register Group and IntegraColor to Australian ownership.

The move is the result of Orora's specific objective of broadening its geographic footprint to match the wider scope of customer fulfillment operations of many of its customers. 

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Henry Mendelson

  • Oceania correspondent

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