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Caspak Australia and Caspak New Zealand have merged their brands and operations as of this month.

The two sister flexible packaging companies will maintain separate financial management on both sides of the Tasman, but will operate as a single entity to pool resources and technology, and say that streamlining and increased efficiency will follow.

Bryce Hickmott, managing director of Caspak Australia, says that both companies have worked to prevent food waste with high-barrier packaging for 30 years.

“This brand merger strengthens this resolve and adds a massive internal and external sustainability overlay to all operations,” he said.

According to Hickmott, the merger is set to be seamless for customers, with no personal or systemic changes.

“From a practical point of view, customers will see a new rebrand for both companies under the banner of Caspak – Sustainable Future.

“They will experience the benefits of a new IT system in New Zealand; a vastly stronger and more cohesive R&D team across both markets; and a freer flow of sustainable technologies between the two regions,” he said.

Harry Zwalue, MD of Caspak New Zealand, added that the merger will improve buying power, drive internal cost reductions, and speed up Caspak’s ability to offer sustainable packaging solutions.

“This pooling of resources is only common sense and the best way for us to drive sustainable development faster for our customer base,” he said.

The merged company has sales offices in Melbourne, Sydney, Brisbane, Auckland, and Christchurch.

Food & Drink Business

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Expressions of interest close on 19 July for FLIP NSW, a free statewide pre-accelerator designed to give women founders, including those building early-stage food and beverage ventures, the skills, networks and coaching to take ideas to market.

With the manufacturing sector continuing to grapple with uncontrollable industry pressures – rising input costs, supply chain volatility, tax pressures – manufacturers must arm themselves with the core financial structures needed to support them through this predictably unpredictable environment. RSM Australia's Ross Dixon writes.