Amcor Completes Alcan Packaging Acquisition; Launches New Global Brand

HAWTHORN, Australia—Amcor (www.amcor.com) announced that the acquisition of the Alcan Packaging businesses has been completed. This acquisition provides Amcor with leading global positions in its strategic growth markets for flexible packaging and folding carton packaging for tobacco.

“We are delighted to finalize the acquisition of the Alcan Packaging assets and have their talented team join Amcor,” says Amcor’s managing director and CEO, Ken MacKenzie, “From a strategic perspective, the businesses we have acquired are strongly aligned with our nominated growth segments, and provide the ability to substantially improve the value proposition for our customers. We are now focused on ensuring seamless integration of these businesses and on achieving the synergies and opportunities offered by this acquisition.”