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    Amcor completes acquisition of Bemis, creating the global leader in packaging

    Beauty, Personal Care, Eating, Drinking, Health, Home Care

    Amcor has announced the successful completion of its acquisition of Bemis Company Inc., effective 11 June 2019. The combined company will now operate as Amcor Plc (Amcor), trading on the New York Stock Exchange under the ticker symbol “AMCR” and the Australian Securities Exchange under the ticker symbol “AMC.” Amcor is included in both the S&P 500 and S&P/ASX 200 indices.

    Amcor Chief Executive Officer Ron Delia described the acquisition as “a significant milestone as two strong companies with histories each dating back over 150 years look forward to one great future.”

    “The acquisition of Bemis brings additional scale, capabilities and footprint that will strengthen Amcor’s industry leading value proposition and generate significant value for shareholders.” said Mr. Delia.

    Amcor makes responsible packaging for food, beverage, pharmaceutical, medical, home- and personal-care, and other consumer products. During the 2018 financial year, the company generated combined revenues of more than USD 13.4 billion from operations at approximately 245 locations in more than 40 countries.

    “As the global leader in consumer packaging, Amcor is uniquely positioned to capitalize on shifting consumer preferences, an evolving customer and retail landscape, and the increasing need to develop packaging that best protects the product as well as the environment.” said Mr. Delia.

    “We are delighted to welcome our new employees, customers and shareholders” said Mr. Delia. “This is the first day of an exciting and even stronger future for Amcor and all of our stakeholders.”

    See also

    Developments in packaging sustainability and efficiency secure Amcor two 2018 Alufoil Trophies

    Developments in packaging sustainability and efficiency secure Amcor two 2018 Alufoil Trophies

    Two sustainable packaging innovations from Amcor that boost efficiency and improve consumer convenience have won 2018 Alufoil Trophies at the European Aluminium Foil Association awards. The company’s PolyInert laminates, which enable sensitive pharmaceuticals to be packaged in stick-pack form, won the Resource Efficiency category, and AluFix Retort Xtra, the newest addition to the successful AluFix range, won the Technical Innovation award.

    • Company News
    • English
    • Modified 18 Jun 2019
    • Hits 118