Manufacturing News

Pro-Pac buys Start Food-Tech

Pro-Pac Packaging has announced its acquisition of Start Food-Tech Australia.

The Wetherill Park-based Pro-Pac bought SFT with “existing cash and bank facilities”, and Smart Food, which supplies packaging consumables to meat, chicken and fish processing industries, will see its logistics and warehousing integrated into Pro-Pac’s distribution centres.

“The purchasing of this business provides Pro-Pac with further critical mass in this strategic growth area,” said Brandon Penn, the company’s CEO.

“There are particularly good cross-selling opportunities and beneficial logistics and distribution synergies.”

SFT has an annualised revenue of approximately $11 million.

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