Australian packaging firm Orora to buy Carlyle's France-based Saverglass for $1.4b

Australian packaging firm Orora to buy Carlyle's France-based Saverglass for $1.4b

Brisbane, Australia. Photo by Brisbane Local Marketing on Unsplash.

Australian packaging company Orora Ltd said on Tuesday it would buy French high-end glass bottle manufacturer Saverglass from private equity firm Carlyle Group for A$2.16 billion ($1.4 billion).