The Abbe Group has acquired Oji Fibre Solutions’ Australian operations, aiming to strengthen its presence in the corrugated packaging market.
Information on the Target
The Abbe Group, a prominent private manufacturer specializing in corrugated cardboard packaging, has announced the acquisition of Oji Fibre Solutions’ operations located in Australia. This acquisition includes a share sale agreement under Abbe Group (Abbe Pty Ltd), facilitating the broader integration of both companies' capabilities in the packaging sector.
The transaction will encompass Oji’s corrugated operations across several key states, including Queensland, New South Wales, and Victoria. Additionally, it features Oji Cardboard Carton Solutions (OCCS) as well as distribution and erecting facilities situated in Far North Queensland and the Sunraysia region, thereby bolstering Abbe Group's infrastructure and service reach within the Australian market.
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Industry Overview in Australia
The Australian packaging industry is experiencing significant growth, driven by increasing demand for sustainable and eco-friendly packaging solutions. With a strong emphasis on reducing environmental impact, companies are increas
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