Orora & YPB Group sign supply agreement

Company News

by Jessica Ellerm

Orora Limited (ASX:ORA) and YPB Group Limited (ASX:YPB) have announced they have signed a supply agreement to take YPB's brand protection and customer engagement solutions to Orora’s customers.

YPB’s patented anti-counterfeit technology, security packaging and anti-theft solutions are used by businesses globally to protect their high value brands.

Under the agreement, Orora will be able to offer its packaging solutions customers access to YPB's products.

In July YPB struck a similar arrangement with FMCG tubing supplier Impact International.

Orora Limited posted a net profit of $168.6 million at 30 June 2016.

Jessica Ellerm

Finance News Network
Jessica joined FNN in April 2016 and presents the Australian Share Market Outlook, and reports on the morning's leading business stories. Alongside FNN Jessica is a fintech industry commentator, writing for her own blog and a number of international online publications.