YPB Sign MOU with Global Packaging Company Orora

17th May 2016, ASX Announcement

Highlights:

• YPB signs MOU with Global packaging company Orora (ASX: ORA)
• YPB to provide full suite of products to Orora’s customers

YPB Group Ltd Group Ltd (ASX: YPB)  is delighted to announce the signing of a binding Memorandum of Understanding with Orora Ltd (ASX: ORA) to provide YPB’s full range of products, tools, processes data platforms and services to Orora. As a result of this agreement YPB and Orora will partner to take YPB’s product authentication and customer engagement solutions to Orora’s customers.

Orora, with a turnover exceeding $3.8bn, is an innovative, customers-focused and leading provider of packaging solutions to the manufacturers of beverages (including beer, wine, soft drink and spirits), fruits and vegetables, meat and seafood producers within Australia, New Zealand, USA, Canada and Mexico. Orora has 29 manufacturing plants and 83 distribution sites across seven countries and approximately 5,500 team members, it supplies packaging products and services to grocery, fast moving consumer goods and industrial markets.

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