Amcor is headquartered in Melbourne, Australia, and specializes in providing both rigid and flexible plastic composite packaging solutions. The company serves a wide range of industries, including food, beverage, healthcare, home and personal care, and tobacco. With annual sales reaching $9.5 billion, Amcor employs over 27,200 people across 43 countries and 180 locations worldwide.
In May 2014, Amcor, a leading flexible packaging company in Indonesia, signed an agreement to acquire Bella Prima Packaging Ltd., a manufacturer based in Indonesia, for $25.2 million. Bella Prima currently operates two factories with around 1,000 employees, focusing on the production of shrink sleeves, labels, and covers. Amcor also aimed to expand its production capacity in two Indian facilities, where the market value was expected to reach $30 billion by 2015.
In October 2014, Amcor's expansion strategy in Asia started to take shape. According to sources, the company planned to build a new factory in a Southeast Asian country and was actively seeking investment opportunities. This move was part of Amcor’s broader growth strategy to strengthen its presence in the region.
In December 2014, Amcor acquired Zhongshan Tiancai Flexible Packaging Co., Ltd., a Chinese enterprise, for approximately 211 million yuan. The acquisition price was about 7.1 times the company’s earnings. Located in Zhongshan City, Tiancai had annual sales of around 280 million yuan and primarily served the food, beverage, and pharmaceutical industries. After the acquisition, Amcor expanded its business into pharmaceutical packaging, enhancing its existing product portfolio.
In March 2015, Amcor announced the acquisition of Nampak Holdings Limited, a South African flexible packaging company, for $22 million. This move further solidified Amcor’s position in the African market.
In April 2015, Amcor acquired Souza Cruz, a Brazilian tobacco packaging company, for $30 million. Souza Cruz held a 35% share of the Latin American cigarette market and generated about $63 million in annual sales.
Recently, according to China Plastics and Rubber News, Amcor continued its global expansion by acquiring Packaging India Pvt. Ltd. (PIPL) from Esso Proport for $26.4 million. PIPL, based in Mumbai, is a listed company specializing in flexible packaging products.
Over the past year, Amcor has been actively acquiring companies, mainly in emerging markets across Africa and Asia, demonstrating its strong ambition for global growth and market leadership.
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