• Orora's B9 paper recycling line at Botany, NSW.
    Orora's B9 paper recycling line at Botany, NSW.
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Nippon Paper Industries has received approval from the Foreign Investment Review Board to go ahead with the acquisition of Orora’s Australasian Fibre Business.

In an announcement to the Australian Securities Exchange, Orora said the approval indicates the Commonwealth has no objection to the Japanese firm’s acquisition of the business.

“This latest regulatory approval allows the parties to work towards transaction completion, which is now expected to occur over the coming weeks,” the statement reads.

The Australian Competition and Consumer Commission gave the deal a green light last month. The commission noted that Nippon Paper’s subsidiary Australian Paper would become vertically integrated with one of its major customers (Orora’s fibre business). However, the ACCC is not opposing the acquisition because buyers of packaging paper products would be able to purchase from local and international manufacturers.

In October, Orora entered into a binding agreement with Nippon Paper Industries to sell its Australasian Fibre Business for $1.72bn.

Food & Drink Business

The Victorian government has invested $160,000 to support the sustainability and profitability of the state’s wine industry, matched by $240,000 from Wine Australia. The funds will help Wine Victoria to provide the wine industry with the knowledge, tools and resources needed to improve practices and outcomes.

Australian spirits producers had an outstanding showing at the 2025 International Wine and Spirits Competition (IWSC) in London, with top scoring producers including 30 Knots Spirits, Australian Distilling Co., Ester Distilling, Mt. Uncle Distillery, Nine Circles Distillery, and Turner Stillhouse.

The recent innovation forum hosted by the Australian Marketing Institute and research company, T Garage, examined the reality for the rapidly evolving landscape of consumer goods that innovation is now table stakes. Experts from three of Australia's Top 100 food and drink companies shared their experiences and confirmed innovation is not just a corporate strategy, but a mindset permeating personal and professional life.