Japan Pulp and Paper is set to acquire Oceanian peers for an estimated JPY7bn ( $ 63.9 m ) , in a deal which could close in July . Japan Pulp and Paper , the country 's largest paper trading company , plans to merge Oceania 's largest paper company , PagePack with Melbourne - based KWDoggett , the region 's third largest , before taking a majority 51 % stake in the merged organisation . It plans to integrate operations of Auckland-based PagePack -- Oceania's largest paper merchant and known for its BJ Ball brand -- with Melbourne-based K.W.Doggett, the region's third largest. The company is also set to acquire the remaining 49 % in the coming year .
Japan Pulp and Paper is set to acquire Oceanian peers for an estimated JPY7bn ( $ 63.9 m ) , in a deal which could close in July . Japan Pulp and Paper , the country 's largest paper trading company , plans to merge Oceania 's largest paper company , PagePack with Melbourne - based KWDoggett , the region 's third largest , before taking a majority 51 % stake in the merged organisation . The company is also set to acquire the remaining 49 % in the coming year .