Pro-Pac Packaging Group Enters Voluntary Administration as Sale Efforts Fail

ASX-listed Pro-Pac Packaging Group Limited (PPG) has entered voluntary administration after efforts to sell or recapitalise the business failed, marking one of the most significant manufacturing collapses of the year in Australia’s packaging sector. Robert Smith and Keith Crawford of McGrathNicol were appointed administrators on 23 October 2025 over the Melbourne-based company and its 23 Australian subsidiaries.

PPG, a diversified producer of flexible and industrial packaging supplying the food, dairy, and logistics industries, had been under financial pressure for several years, relying on asset sales and debt refinancing to stay afloat. The group reported widening losses in FY2025, citing a downturn in domestic demand, adverse foreign exchange movements, and the loss of a key Middle East customer that left a $13.6 million revenue gap.

McGrathNicol said it is urgently engaging with key stakeholders to explore a sale or recapitalisation of the group, or potential divestments of its various business units, with the goal of maintaining ongoing production and employment across PPG’s national operations.