Orora buys Texas company for $107m

Orora has acquired retail display solutions business IntegraColor for AU$107 million.

Based in Texas, IntegraColor provides visual communications services for food and beverage, healthcare, education, and horticultural industries.

It provides brand concepts, design, production, data management, fulfilment, and logistics support.

IntegraColor's Texas location means it can facilitate national distribution and enhance Orora’s geographic footprint and reach.

Orora CEO Nigel Garrard said the acquisition was in line with the company's growth strategy for North America, enhancing its customer value proposition.

“We have plans for improved purchasing and integration of shared services over time,” he said.

“The acquisition creates a second stream of earnings for Orora in North America and provides a platform for further organic and bolt-on acquisition growth.”