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Australia’s Packaging Giant Amcor Buys Out US Rival Bemis

Australia’s Packaging Giant Amcor Buys Out US Rival Bemis
Amcor Limited and Bemis Company will merge after it's directors unanimously approved a US$6.8 billion buyout by Amcor that was announced on Aug. 6, 2018. Courtesy of Amcor
Henry Jom
|Updated:
Two consumer packaging giants—Amcor Limited and Bemis Company—will merge after its directors unanimously approved a US$6.8 billion buyout from Amcor that was announced on Aug. 6.
This acquisition is Amcor’s biggest and is an effort by the Melbourne-based plastics packaging company to capitalize on growth opportunities in North America and Brazil, according to Bloomberg.
Henry Jom
Henry Jom
Author
Henry Jom is a reporter for The Epoch Times, Australia, covering a range of topics, including medicolegal, health, political, and business-related issues. He has a background in the rehabilitation sciences and is currently completing a postgraduate degree in law. Henry can be contacted at [email protected]
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