Industry News, Mergers and Acquisitions, Printers News

Amcor, Bemis Transaction Update

Amcor has entered into a binding agreement with Tekni-Plex for the sale of some Amcor plants for $215 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

As previously announced, Amcor Limited and Bemis Company, Inc. are in advanced discussions with staff of the Antitrust Division of the US Department of Justice (DOJ) to resolve certain specific antitrust concerns raised in the US associated with the proposed combination of Amcor and Bemis.   In order to resolve these concerns, Amcor has now entered into a binding agreement with Tekni-Plex, Inc (Tekni-Plex), for the sale of Amcor plants in Milwaukee, WI, Ashland, MA, and part of the Madison, WI p...

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