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ORORA LIMITED — M&A Activity 2017
Jan 4, 2017
65505_rns_2017-01-04_28098e6a-6359-436e-acf6-dccf371d1835.pdf
M&A Activity
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5 January 2017
Orora completes the acquisition of The Register Print Group
Orora Limited (ASX:ORA) announced today that the acquisition of The Register Print Group (“Register”) has been completed.
The US$44.0 million (approximately A$59 million) acquisition was first announced on 15 December 2016.
Register, located in Clifton, New Jersey, is a leading full service provider of point-of-purchase (POP) retail display solutions to blue-chip retailers and brand owners in the USA.
The acquisition represents a positive step in executing Orora’s stated growth strategy in the North American POP segment.
- ENDS
Company contacts:
Media enquiries Paul Crisp Manager, External Communications
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T: +61 3 9811 7491
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M: +61 437 547 019
Investor enquiries Stuart Hutton Chief Financial Officer
T: +61 3 9811 7271
- M: +61 439 500 283
About Orora Limited
Orora Limited is a leader in innovative packaging solutions, employing 6,200 people across 127 sites in seven countries. Orora supplies a broad range of fibre, metal, glass and point of purchase packaging solutions, as well as packaging-related services including distribution and recycling. The team at Orora prides itself on innovation, working closely with its customers to deliver design and engineering services that ultimately improve the way people consume products in everyday life. Orora is headquartered in Melbourne, Australia and is listed on the Australian Securities Exchange. Please visit www.ororagroup.com.