Sister companies, Caspak Australia and Caspak New Zealand, who specialise in flexible packaging, have merged their operations and brands. While financial management of the companies will remain country-based, the merger will result in streamlining and increased efficiencies of both businesses.
The merger will see the companies operate as a single entity in order to pool their resources, technological capabilities and hasten their advances in sustainable packaging options.
“Merging will improve our buying power, drive internal cost reductions and speed up our ability to offer sustainable packaging solutions,” says Harry Zwalue, managing director, Caspak New Zealand.
For the last 30 years, both companies have had a core objective of preventing food waste through the use of high barrier packaging. “This brand merger strengthens this resolve and adds a massive internal and external sustainability overlay to all operations.” says Bryce Hickmott, Managing Director, Caspak Australia. “Further announcements around this aspect of the merger will follow.”
With Sales Offices in Melbourne, Sydney, Brisbane, Auckland and Christchurch, the group has a balanced market coverage and provides Trans-Tasman customers with a seamless service delivery.
“It’s important to understand that this merger will be seamless from a customer point of view,” Hickmott added. “There will be 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. And they will experience the benefits of a new IT system in New Zealand from 1st October 2019, a vastly stronger and more cohesive R&D team across both markets and a freer flow of sustainable technologies between the two regions.”
“This pooling of resources is only common sense and the best way for us to drive sustainable development faster for our customer base,” Zwalue concludes.