Package magnate snares Pro-Pac

MELBOURNE packaging billionaire Raphael Geminder has quietly secured majority control of small Sydney packaging company Pro-Pac, the group he wants to turn into a $1 billion enterprise by 2017 through a growth-by-acquisition strategy. Late last month one of Mr Geminder's private companies took advantage of a dip in the Pro-Pac share price to pounce on six million shares, which took his stake in the company from 48.3 per cent to 51.1 per cent. Login to read the rest of this article Login using your social network Social Login Social Network * Login with Facebook Login with Twitter Login with LinkedIn Login with Google Login Login using your Newspass account User Login Username * Password *...