10/10/ · Orora has announced the sale of its Australasian fibre business to Nippon Paper Industries (NPI) for AUD1, million. In all, the transaction includes 25 manufacturing plants, 27 depots and involves more than 3, employees. The key to the transaction is Orora’s corrugated box business, including the Botany mill 5/1/ · Orora shares have lost per cent of their value at market open, trading for $ per share; Packaging company Orora (ORA) has successfully sold its Australasian Fibre Business to Nippon Paper Industries in a deal valued at $ billion before blogger.com: Joshua Peach 10/10/ · Orora has sold its its Australian cardboard packaging business to Nippon Paper for $ billion, triggering a surge in its share price of as much as 19 per cent at one point on Thursday
Orora sells Australasian fibre business to Nippon Paper - IndustryEdge
Nippon Paper first announced the deal in October of At that time, the enterprise value of the acquisition was AUD 1. Together with Australian Paper's existing business, the acquired assets and business has orora nippon paper incorporated into orora nippon paper wholly owned subsidiaries of Australian Paper, together known as "Opal", a vertically integrated paper and packaging solution business.
Nippon Paper has appointed its Director, Mr. Masanobu Iizuka, as the CEO of Opal, effective June 25, The Opal business includes the collection of wastepaper under its own system, manufacturing packaging board with modern facilities, orora nippon paper, converting board into packaging boxes through highly automated production, and supplying ancillary materials and associated services.
Nippon Paper Industries said that it is focused on the development of its packaging segment businesses, including Opal as a growth area. Nippon Paper Industries produces coated and uncoated paper, including specialty grades, and paperboard. To learn more about Nippon Paper Industries, please visit: www, orora nippon paper. Installed inthe B9 paper machine at the former Orora Botany paper mill in Matraville, New South Wales, Australia, produces almosttonnes of recycled containerboard grades per year.
About Nippon Paper Industries Nippon Paper Industries produces coated and uncoated paper, including specialty grades, and paperboard. SOURCE: Nippon Paper Industries Co.
Size Tô Giấy Nippon Paper VHM
, time: 0:54Orora Soars On The Back Of Nippon Paper Sale – ShareCafe
April 30, - Nippon Paper Industries and its wholly owned subsidiary, Paper Australia Pty Ltd, today announced the completion of the purchase of Orora Limited's paperboard and fibre based packaging business in Australia/New Zealand. Nippon Paper first announced the deal in October of 10/10/ · Orora has announced the sale of its Australasian fibre business to Nippon Paper Industries (NPI) for AUD1, million. In all, the transaction includes 25 manufacturing plants, 27 depots and involves more than 3, employees. The key to the transaction is Orora’s corrugated box business, including the Botany mill “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 Chairman Chris Roberts said in
No comments:
Post a Comment