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Acquires Bella Prima Packaging
May 9, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
Amcor announced that it has entered into an agreement to acquire Bella Prima Packaging, an Indonesian flexible packaging business for A$27 million. The purchase price represents seven times CY2013 EBITDA. Bella Prima has two plants in Jakarta specializing in the high growth shrink sleeve, label and lidding business. Sales in CY2013 were approximately A$30 million. Amcor currently has one flexibles packaging plant in Indonesia. This acquisition is complementary to the existing operations as i...
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