AUSTRALIA: Southcorp sell US packaging but interim profits take a hit

By just-drinks.com editorial team | 28 February 2001

Southcorp completed the sale of its packaging division yesterday by offloading its US division for $A175m to a management buyout team. This sale follows the sale of its Asian packaging operations to Visy for $A800m. The addition of the US deal to the earlier Visy sale has generated close to $A1 billion for Southcorp in line with targets set out when the sale was planned last year.

just-drinks articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

Southcorp completed the sale of its packaging division yesterday by offloading its US division for $A175m to a management buyout team. This sale follows the sale of its Asian packaging operations to Visy for $A800m. The addition of the US deal to the earlier Visy sale has generated close to $A1 billion for Southcorp in line with targets set out when the sale was planned last year.

  • Unlimited access to all the latest global beverage news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-drinks market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-drinks:

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page