Flexible packaging sector struggles to adjust after Amcor takeover of Alcan

Related topics: Packaging, Packaging Materials European flexible packaging converters are struggling to come to terms with the emergence of Amcor as the region’s major player following its takeover of Alcan, said a new report from PCI Films Consulting Ltd. The study from the sector analysts describes the Alcan acquisition by the Australia-based company as “one of the major events of the last year”. The US$1.9bn deal, which was completed in February, saw Amcor emerge as by far the most powerful flexible packing converter in Europe with a market share approaching 25 per cent. “At the same time a number