Knoxcorp to buy Pro-Pac’s Australian and New Zealand operations

Australian investment company Knoxcorp has acquired Pro-Pac Packaging's Australian and New Zealand (NZ) businesses from administrator McGrathNicol Restructuring. For Australia, the administrators have signed a business sale agreement covering the Australian operations and assets, but excluding the Perfection Packaging unit. The buyer is Consolidated Packaging Australia, a Knoxcorp subsidiary. The transaction is expected to be completed in early March 2026. Based in Dandenong, Victoria, Perfection Pack ...