San Miguel buys Australian packaging firm

San Miguel Corp. said its international packaging business, San Miguel Yamamura Packaging International Ltd., acquired all of the shares of Australian firm Portavin Holdings Pty. Ltd. Portavin is located in four key regions in Australia—New South Wales, South Australia, Victoria and Western Australia—and is involved in the bottling of wine, trading and distribution of packaging products. Last year, in line with its packaging arm’s bullish stance on the Australian and New Zealand markets, the San Miguel’s packaging group acquired the assets of Endeavour Glass Packaging Ltd.