Amcor: Acquisition of Ball Plastics Packaging Americas
Amcor Rigid Plastics, Ann Arbor, Mich., USA, announced the acquisition of Ball Plastics Packaging Americas on Aug. 2. It includes five plants in North America and sales of approximately USD 600 million. The company employed approximately 950 co-workers and maintains manufacturing capacity for more than 5 billion units of PET, PE-HD, and PP containers per year. The acquisition complements the company’s PET beverage packaging business and expands its role in the high-growth diversified products packaging category which includes health care/pharmaceutical, home care, personal care, food, and distilled spirits. The deal brings expanded material and process capabilities, including multilayer, retort, and barrier technologies, along with know-how to manufacture PE-HD and PP extrusion-blow molded containers.
The acquisition of Ball Plastics Packaging Americas for USD 280 million comes on the heels of Amcor’s February 2010 purchase of Alcan’s Pharmaceutical Plastics packaging business, which produces PP, PE, and PET rigid containers for over-the-counter drugs, vitamins, and other pharmaceutical needs.
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