Hannapak goes to WestRock for $75 million
The Hanna Group (Hannapak), one of Australia’s leading providers of folding cartons, has been acquired by WestRock Company for $75 million. The acquisition will build on WestRock’s established and growing packaging business in Asia–Pacific.
Hannapak is based in North Richmond, New South Wales. Started in 1967 by Charles Hanna, the company converts approximately 30,000 tonnes of paperboard into folding cartons, including for WestRock’s beverage packaging customers. The business has been led by Sam Hanna, who joins WestRock and will continue to lead the acquired operations.
WestRock expects to generate significant synergies with its current business in the region, including integration of additional WestRock paperboard into the Hannapak system.
Bulla Dairy Foods appoints Peter Hall as Chief Executive Officer
Peter Hall joins Bulla Dairy Foods next month as its next CEO, bringing to the role more than 25...
Saputo to sell its UK operations to Lactalis
Saputo Inc. has signed a definitive agreement to sell its UK dairy division to B.S.A. SAS...
Food fraud study in the UK estimates costs to economy
Researchers recommend a greater investment in tackling food fraud as a study finds it is costing...
