Wynn Williams advises ASX listed Orora on its A$1.7b sale to Nippon Paper
Published on 14/10/2019
The firm’s Corporate Advisory team is acting as NZ legal advisor to ASX listed Orora on the sale of its Australasian
fibre business to Japanese firm, Nippon Paper for A$1.7 billion.
Orora is a major supplier of packaging solutions to a range of industries globally. Its Australasian fibre business is
responsible for a number of functions including cardboard recycling and carton/bag manufacture. Orora's remaining
Australian operations will now focus on its market leading beverage business, which includes the manufacture of wine
bottles and aluminium cans.
Founded in 1949, Nippon Paper is one of the largest paper and packaging companies in the world and is listed on the
Tokyo Stock Exchange. The deal will be the group's largest investment outside of Japan and will see it expand its
operations into box manufacture.
The deal is expected to complete early next year.
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