AUSTRALIA/NEW ZEALAND - Graphic Packaging Holding Company has completed its acquisition of Colorpak through its wholly owned subsidiary, Graphic Packaging International Australia Pty Limited.
A major folding carton supplier in Australia and New Zealand, Colorpak operates three folding carton facilities that convert approximately 38,000 tons of paperboard annually into folding cartons for the food, beverage and consumer product markets. The folding carton facilities are located in Melbourne, Australia, Sydney, Australia and Auckland, New Zealand.
When the acquisition was first announced in January 2016, Michael Doss, Graphic Packaging's President and CEO, said, " While Graphic Packaging currently has a well-established presence in Australia, the acquisition of Colorpak and its three world class folding carton manufacturing facilities allows us to expand our proven integrated supply chain in the Australia and New Zealand food, beverage and consumer product markets. This acquisition will broaden our customer base and offer current customers a wider range of products."
Graphic Packaging is a major US-based global provider of packaging solutions to food, beverage and other consumer products companies. Currently in Asia Pacific, the company has a presence in Shanghai, China, and Tokyo, Japan.
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