AMCOR
Three non-core flexible packaging plants sold to Integrated Packaging
Australia’s Amcor (Abbotsford; www.amcor.com) has sold three flexible packaging plants in Australasia to stretch-film producer Integrated Packaging (Reservoir, Victoria / Australia; www.ipstretch.com). Amcor first purchased the plants earlier this year when it acquired flexible packaging producer Aperio Group (Nunawading / Australia; www.aperiogroup.com.au) – see Plasteurope.com of 12.03.2012 – and described the businesses as focused on the non-core industrial and agriculture markets.
The EUR 14.4m transaction still has to meet the approval of the relevant authorities. By press time Plasteurope.com had not received a reply concerning its query which plants in particular would be sold.
The EUR 14.4m transaction still has to meet the approval of the relevant authorities. By press time Plasteurope.com had not received a reply concerning its query which plants in particular would be sold.
23.10.2012 Plasteurope.com [223675-0]
Published on 23.10.2012