Business
‘Dad always wanted it’: Why a sentimental Pratt chased glass deal – The Australian Financial Review
Richard Pratt long coveted Australia’s biggest glass manufacturer. Now son Anthony has bought it and says he’ll run it better than his dad’s overbidders.
Adding 1250 people to Visy’s existing 5000-odd headcount, it’s the biggest deal Mr Pratt has made since taking over his family’s packaging empire upon his father Richard’s death in 2009. It is also understood to be one of the largest in Australian manufacturing history.
It’s certain to be an ongoing talking point of Mr Pratt’s participation in the Frontline Fallout series, which seeks to track the economic effect of the coronavirus pandemic through exclusive interviews with companies from a ran…
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