Pro-Pac acquires Eco Food Pack
Pro-Pac Packaging has announced it will purchase the business and assets of Eco Food Pack Australia, a Sydney-based company that develops and sells food packaging trays for the fresh meat, seafood and poultry industries.
Eco Food Pack’s trays are used by fresh food processors to pack product into retail packs sold in the fresh meat, seafood and poultry sections of major supermarket chains. The company has current annualised revenues of approximately $12 million.
Eco Food Pack will be relocated and integrated into PPG’s existing infrastructures, providing distribution synergies for the business and enhanced customer service.
“The purchase of the Eco business is a strategic acquisition into the food packing industry and provides a very good fit for our business and customer base to broaden the product range into a market segment that we are focusing on,” said Brandon Penn, Pro-Pac CEO.
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