Foodcare agrees to acquire UPAC

Core Insights - Australia-based Foodcare has agreed to acquire UPAC, a food packaging producer and distributor, as a strategic move to enhance its market position and technical expertise in food packaging [1] - The financial terms of the acquisition have not been disclosed [1] Company Overview - UPAC has over 50 years of experience in food packaging, specializing in printed food packaging, including printed bags and flexible formats, which will bolster Foodcare's consultative support capabilities for complex packaging needs [2] - Foodcare, founded in 2004, manufactures and distributes production-critical consumables for the Australian food and beverage manufacturing sector [2] Industry Context - The acquisition of UPAC follows a trend of mergers in Australia's packaging industry, including Ball & Doggett's agreement to acquire Impak Films in September 2025, which focuses on flexible packaging solutions [3] - In early 2025, BioPak, a sustainable disposable packaging company, acquired Bygreen, the leading importer of eco-friendly straws and tableware in Australia [4]