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How Will Knoxcorp Transform Pro-Pac Packaging’s Australian and NZ Businesses?
3:52pm on Wednesday 21st of January, 2026 AEDT
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Manufacturing
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How Will Knoxcorp Transform Pro-Pac Packaging’s Australian and NZ Businesses?
3:52pm on Wednesday 21st of January, 2026 AEDT
Key Points
Sale of Australian and New Zealand businesses to Knoxcorp subsidiaries
Perfection Packaging business to be wound down and closed
Employment to transfer to new owners except Perfection Packaging staff
Sale proceeds insufficient to return value to shareholders
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