Specialty Packaging Group Acquires Joe’s Cartons Packaging Solutions – Far North Queensland

Amcor Australasia, has signed an agreement to purchase the Joe’s Cartons business. Joe’s Cartons, founded by Joe and Maria Stacey, is one of the largest independently owned packaging and industrial distributors in Far North Queensland, operating distribution warehouses centres at Innisfail, Tully & Mareeba. These facilities, together with the recently expanded WRS distribution centres, will provide a complete product and service offering to existing Amcor customers around Australia.

The acquisition follows that of WRS last year and marks another important step in Amcor Australasia’s continued expansion into the sales distribution market. It is also an indicator of our continued preparedness to invest in our own Australasia business as part of our growth and development plans.

Joe’s expertise and long-term customer relationships, combined with Amcor Australasia’s reach in obtaining products locally, and from around the world, means that the two combined businesses will be able to provide new products, additional services and technical support for all customers in the region. The business will be backed by Amcor’s extensive global supplier base, optimal logistics and a proven operational infrastructure.

Speaking about the acquisition, Joe Stacey, Managing Director of Joe’s cartons, said: “In order to better meet the changing needs of our customers, I am pleased to confirm that Maria and I have decided to sell Joe’s Cartons to Amcor Australasia.”

Joe continued: “The benefits this sale brings to our customers are immense and means that customers will get a broader, more economical product range, while maintaining the level of personal service that they have come to expect from Joe’s. Being part of Amcor adds to our reach and ability to obtain products locally, and from around the world.”

“I am pleased to confirm that I am staying on in the business as General Manager Joe's Cartons and will partner with Amcor to grow further. I would like to thank the Amcor team for being so welcoming and I look forward to channelling my passion for the business into a successful partnership.”

Nigel Garrard, Managing Director AAPD, said: “We are proud to come together with Joe and his team. They have earned a significant reputation in the marketplace for outstanding quality, performance and service excellence. Our two companies share the same values and a passion for exceeding customer expectations. Together, we look forward to the diverse solutions our combined capabilities will bring to our customers, co-workers and suppliers.”

Completion of the purchase is expected to occur on 1 July 2013.