11 Nov Recent Japanese Investment Cases
Nippon Paper has entered into an agreement to acquire the Australian listed company Orora Limited for A$1.7 billion. Nippon Paper has been a long term investor in Australia’s pulp and paper industry.
Currently, it is concentrating its business on what it sees as 5 key growth areas: packaging; household paper products/health care; chemicals; energy; and logs & lumber business. Orora is a diversified packaging company and is also a customer of Nippon Paper through the wholly owned subsidiary Australian Paper.
Fuji-Xerox will acquire Australian listed IT managed services provider CSG in a deal worth $140 million.
Fuji Xerox’s parent company is Fuji Film. (In 2012, Fuji Film acquired the Business Process Outsourcing division of Australia’s Salmat Limited.).
This was first reported in our Japan Business Alert. To receive the latest in Australia-Japan business, subscribe now.