16 JULY 2020 Visy

Visy Executive Chairman, Anthony Pratt announced today that Visy had entered into a definitive agreement to acquire the Australian and New Zealand glass manufacturing business of Owens Illinois (O-I) in a deal worth almost A$1 billion.

The deal, which is expected to be completed by the end of July, is one of the biggest manufacturing acquisitions by an Australian owned business in Australian business history. Mr Pratt said “manufacturing has never been more important to Australia’s future.”  Read more