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Orora reports strong half-year financials amid Saverglass acquisition

Australian packaging manufacturer Orora Limited has released its first-half financial results for the fiscal year ending 31 December 2023, highlighting the completion of its acquisition of Saverglass, a leading global glass business, as a notable milestone during this period.

Orora to acquire global glass bottle manufacturer Saverglass for $2.16b

Australian packaging manufacturer Orora has agreed to buy high-end glass bottle manufacturer Saverglass for EUR 1.3 billion (AUD 2.16 billion). 
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The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.