In October 2023, IVE Group Limited (Australia) acquired JacPak Pty Ltd for AUD 35 million, marking its entry into the fibre-based packaging sector. This strategic acquisition allows IVE to expand its portfolio into the short-to-medium-run folding cartons market, valued at approximately AUD 800 million. By leveraging JacPak's existing capacity and customer base, IVE aims to diversify its offerings and strengthen its position in the Australian packaging industry.
