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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

Amcor to help brands communicate packaging carbon footprint reductions through independent labelling from the Carbon Trust

Amcor has announced the ‘Reducing CO2 Packaging’ Label from the Carbon Trust can now be printed on Amcor packaging to demonstrate significant carbon footprint reductions. It’s part of the company’s lifecycle assessment service, which enables brands to measure their packaging’s carbon footprint from raw materials through end-of-use. The announcement comes at a time when sustainability is an increasingly important factor in consumers’ purchasing decisions.

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
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