Japan Pulp and Paper : Notice Concerning the Strengthening of Sign and Display and Flexible packaging Businesses in Oceania

Cas-Pak, a wholesaler of flexible packaging materials for food, sells thermoforming, retort, pouch, vacuum, and other food packaging films, as well as casings and thermoforming machines. With the acquisition, BJ Ball aims to add the flexible packaging materials business as a new pillar of business in New Zealand besides its main business of paper and paperboard wholesaling, and the sign and display business operated by its subsidiary Aarque. Another objective of the acquisition is to create synergies in the group by selling its labels and paper packages through Cas-Pak's sales channels.