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The leadership of Amcor in packaging industry is further enhanced after acquiring Bemis.
The leadership of Amcor in packaging industry is further enhanced after acquiring Bemis.

Amcor announced the successful completion of its acquisition of Bemis Company Inc., effective June 11, 2019. The combined company now operates as Amcor Plc (Amcor).

Amcor makes responsible packaging for food, beverage, pharmaceutical, medical, home- and personal-care, and other consumer products.

During the 2018 financial year, the two companies generated combined revenues of more than US$13.4 billion from operations at approximately 245 locations in more than 40 countries.

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.

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.

In August last year, Amcor announced to acquire Bemis in an all-stock combination valued at US$6.8 billion. Bemis, founded in 1858, is a global supplier of flexible packaging used by leading food, consumer products, healthcare, and other companies worldwide.

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