visy
Visy is Australia's second-largest privately held packaging and recycling company, manufacturing cardboard, glass, plastic, cans, and paper products while operating national recycling infrastructure including Victoria's Container Deposit Scheme and Material Recovery Facilities for major retailers, FMCG firms, and government clients.
- Company typePrivate
- Founded1948
- HeadquartersSouthbank, Australia
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What visy does
Visy is a privately held Australian packaging and recycling company founded in 1948 and headquartered in Southbank, operating as the second-largest packaging company in Australia with estimated revenue of approximately AUD 7-9 billion and 5,001-10,000 employees. The company manufactures and sells a diversified range of packaging products including cardboard boxes, glass containers, plastic packaging, beverage cans, food cans, and paper products produced at its own Tumut Kraft Mill in New South Wales. Visy also operates proprietary sustainable packaging innovations, most notably the registered Visycell® trademark (an alternative to expanded polystyrene foam) and the Paper Bubble recyclable paper-based bubble wrap launched in March 2026.
Beyond manufacturing, Visy operates extensive recycling and waste-management infrastructure, including Material Recovery Facilities (such as the Brisbane facility processing approximately 61,000 tonnes of household recyclables annually for Brisbane City Council) and serves as the network operator for Victoria's Container Deposit Scheme (CDS Vic), with depot partners such as Outlook Australia handling container sorting. The company also offers global logistics and trading services covering contract logistics, freight forwarding, and project forwarding for industrial clients.
Visy monetizes primarily through B2B product sales to major retailers (Woolworths, Coles), FMCG companies, and food and beverage manufacturers, supplemented by managed-services revenue from government recycling contracts and a small direct-to-consumer e-commerce channel (Boxes and More). GTM motion is enterprise field sales complemented by the eVISY customer portal, with no public pricing disclosed. The company is privately held with no parent company identified, and recent capital activity includes a 2018 Clean Energy Finance Corporation investment (~AUD 21.3M) and a 2013 ARENA grant (~AUD 384K). A notable recent transaction is the 2022 sale of Visy's 7.1-hectare former Brisbane glass site to the Queensland Government for AUD 165 million, with redevelopment planned by Lendlease beginning April 2027.
visy firmographics
Firmographics- Name
- visy
- Legal name
- Visy
- Website
- https://visy.com.au
- Company type
- Private
- Founded year
- 1948
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Visy is Australia's second-largest privately held packaging and recycling company, manufacturing cardboard, glass, plastic, cans, and paper products while operating national recycling infrastructure including Victoria's Container Deposit Scheme and Material Recovery Facilities for major retailers, FMCG firms, and government clients.
- Ownership category
- akta.pro rank
visy industry classification
Industry- Product category
- Industrial Packaging
- NAICS
- Corrugated and Solid Fiber Box Manufacturing (322211), Other Paperboard Container Manufacturing (322219), Plastics Packaging Materials and Unlaminated Film and Sheet Manufacturing (32611), All Other Plastics Product Manufacturing (326199)
- SIC
- Paperboard Containers & Boxes (2650), Glass Containers (3221), Metal Cans (3411), Paper Mills (2621)
- akta.pro primary industry
- Corrugated Packaging (Boxes, Sheets, Pads) (IMALACAA)
- akta.pro secondary industries
- Beverage Packaging (Bottles, Cans, Cartons, Kegs) (IMALAHAD), Recycled Corrugated Products (Boxes, Sheets) (IMAMAKAH)
Keywords
Where visy is headquartered
LocationHeadquarters
- HQ city
- Southbank
- HQ country
- Australia
- HQ region
- Oceania
Offices6 records
Markets served
visy business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Packaging Manufacturing and Sales: Visy manufactures and sells a comprehensive range of packaging products including cardboard boxes, glass containers, plastic packaging, beverage cans, food cans, and specialty packaging. Revenue is generated through product sales to major retailers, FMCG companies, and industrial customers.
- Paper and Pulp Products: Visy operates paper mills including the Tumut Kraft Mill, producing paper products for sale to industrial and commercial customers.
- Recycling Services and Material Processing: Visy operates Material Recovery Facilities processing household and business recyclables, generating revenue from material processing and recycling services.
- Global Logistics Services: Visy provides global logistics including contract logistics, freight forwarding, and project forwarding services to industrial clients.
- Container Deposit Scheme Operations: Visy operates as a network operator for Victoria's Container Deposit Scheme (CDS Vic), collecting and processing beverage containers for recycling.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
visy product offering
Product offeringCore offering
Visy manufactures and sells a comprehensive range of packaging products including cardboard boxes, glass containers, plastic packaging, beverage cans, food cans, and specialty/promotional packaging, while operating paper mills (e.g., Tumut Kraft Mill), material recovery and recycling facilities, container deposit scheme networks, and global logistics and trading services for industrial, retail, FMCG, and government customers.
Product overview
Visy is a comprehensive packaging and recycling company offering a diversified portfolio of sustainable packaging solutions and related services. The product portfolio includes core packaging products across multiple materials: cardboard boxes (with Visycell® sustainable foam alternative), glass, plastic, beverage cans, food cans, and paper products from the Tumut Kraft Mill. The company also provides specialties (POS displays), retail services, and automation/technology systems. Beyond manufacturing, Visy operates extensive service businesses including recycling (household and business), Victoria's Container Deposit Scheme as a network operator, global logistics (contract logistics, freight forwarding, project forwarding), and global trading. Recent innovation includes Paper Bubble, an Australian-made recyclable paper bubble wrap launched in March 2026 as part of sustainability initiatives.
Differentiator
Problem solved
Functional benefit
Brands
- Visycell®: A more sustainable alternative to expanded polystyrene packaging
- Tumut Kraft Mill
Products and services
- Cardboard Boxes
- Visycell®
- Paper Bubble
- Glass Packaging
- Plastic Packaging
- Beverage Cans
- Food Cans
- Paper and Pulp Products
- Specialties and Point-of-Sale Displays
- Recycling Services
- Container Deposit Scheme Operations
- Global Logistics
- Global Trading
- Retail Services
- Boxes and More
- Automation and Technology Systems
Quantifiable outcome
- Paper Bubble generates 34% lower carbon emissions compared to LDPE plastic bubble wrap
- +4 more outcomes
Companies that use visy
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles5 records
visy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
visy partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered major and core.
- LendleasemajorLendlease has been selected by the Queensland Government to redevelop the former Visy glass factory site in West End, Brisbane. The 7.1-hectare site will be transformed into a mixed-use precinct with 4,000+ apartments, open space, parkland, and an amphitheatre. Development begins April 2027 when Visy's lease concludes, with 800 apartments expected before the 2032 Brisbane Olympic Games. The Queensland Government had purchased the site from Visy in 2022 for $165 million.
- Brisbane City CouncilcoreVisy operates the Material Recovery Facility where Brisbane's household recyclables are processed. In 2024-25, Brisbane collected approximately 61,000 tonnes of material from household recycling, with mechanical sorters separating recyclables and removing contaminants at Visy's facility.
- Outlook AustraliacoreOutlook Australia operates the CDS Vic Bayswater Depot, operated by Outlook Australia, where over 25 million containers have been hand counted and sorted as part of Victoria's Container Deposit Scheme. Visy serves as the network operator for the scheme.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
visy competitors and assessment
Company assessmentBroad incumbents
- Smurfit Kappa: Smurfit Kappa is one of the world's largest corrugated and paper-based packaging producers, with vertically integrated paper mills and recycling operations comparable to Visy's paper mill (Tumut) and MRF infrastructure. Comparable business model in containerboard and corrugated boxes.
- Sonoco Products: Sonoco is a global diversified packaging manufacturer with operations in metal cans, paperboard, and protective packaging. Directly comparable to Visy's food can and beverage can operations, and competes in similar end markets.
- Amcor: Amcor is the largest packaging company in Australia and a global flexible and rigid packaging leader. Visy is ranked #2 in Australia behind Amcor, competing directly across cardboard, plastics, and specialty packaging categories serving similar FMCG and retail customers.
- Berry Global Group: Berry Global is a major global plastic packaging manufacturer with broad product portfolio across rigid containers, flexible films, and consumer packaging. Comparable to Visy's plastics packaging segment and competes for similar FMCG customers globally.
- Mondi: Mondi is a European-listed global packaging and paper group with integrated pulp, paper, and corrugated operations. Comparable vertically integrated business model to Visy's paper mill and corrugated manufacturing footprint, with similar sustainability positioning.
Direct peers
- Sealed Air: Sealed Air is a global leader in protective packaging including Bubble Wrap (LDPE), the direct incumbent that Visy's new Paper Bubble product is designed to displace. Compete in protective/cushioning packaging for e-commerce, shipping, and industrial applications.
- O-I Glass: O-I Glass is the world's largest manufacturer of glass containers for food and beverage, directly comparable to Visy's Yatala Glass facility and broader glass packaging business serving similar FMCG and beverage customers.
- Pact Group: Pact Group is an ASX-listed Australian packaging manufacturer specializing in rigid plastics, containers, and packaging solutions. It competes with Visy's plastics and specialty packaging segments for FMCG and industrial customers in Australia and New Zealand.
- Orora: Orora is the third-largest packaging company in Australia (~$4.5-5B AUD revenue) and a direct competitor to Visy in corrugated packaging, glass containers, and packaging distribution. Both serve major Australian FMCG and retail customers with comparable product portfolios.
Regional players
- Cleanaway Waste Management: Cleanaway is Australia's largest waste management and recycling company, comparable to Visy's MRF operations and recycling services. Both compete for municipal recycling contracts and operate material recovery infrastructure in Australia.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
visy social profiles
Digital presencevisy financial estimates
Financial estimateRevenue estimate
Valuation estimate
visy leadership team
Management profileNumber of profiles
Profiles1 record
visy funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
visy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about visy
What does visy do?
Visy manufactures and sells a comprehensive range of packaging products including cardboard boxes, glass containers, plastic packaging, beverage cans, food cans, and specialty/promotional packaging, while operating paper mills (e.g., Tumut Kraft Mill), material recovery and recycling facilities, container deposit scheme networks, and global logistics and trading services for industrial, retail, FMCG, and government customers.
Is visy a public or private company?
visy is a private company. It is classified as unknown and is currently operating.
When was visy founded?
visy was founded in 1948. It employs 5,001 to 10,000 people.
Where is visy based?
visy is headquartered in Southbank, Australia, in the Oceania region.
How does visy make money?
Five revenue lines are on record. Packaging Manufacturing and Sales are the primary driver. The others are paper and Pulp Products, recycling Services and Material Processing, global Logistics Services and container Deposit Scheme Operations.
Who are visy's main competitors?
Broad incumbents on record are Smurfit Kappa, Sonoco Products, Amcor, Berry Global Group and Mondi. Direct peers are Sealed Air, O-I Glass, Pact Group and Orora. Cleanaway Waste Management is listed as a regional player.
Does visy have an API?
No public API is recorded for visy.
What industry is visy in?
visy's product category is Industrial Packaging. Its primary akta.pro industry code is IMALACAA, Corrugated Packaging (Boxes, Sheets, Pads), with a secondary code of IMALAHAD, Beverage Packaging (Bottles, Cans, Cartons, Kegs). Its NAICS code is 322211 and its SIC code is 2650.