Darrell Price, director of Focus confirmed the move saying the buyout would have little impact on the business in terms of its workforce and operations, but would give it more pulling power in the local market.

He says, “There won’t be many changes to our business, but the acquisition will enable us to compete with the bigger guys.”

In October Maui Capital agreed to the buyout of the BJ Ball Group, a distributor of paper and packaging products in Australasia and the Pacific Islands, with existing annual group revenue of more than $300 million.

Maui Capital said the BJ Ball acquisition represented an attractive platform investment in the Australasian paper and packaging market, with highlights including significant and growing presence in Australia and the Pacific Islands and an efficient capital structure offering sound potential equity returns.

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