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Adds scalable flexible packaging plant in high-growth Indian market.
August 15, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
Amcor announced it has entered into an agreement to acquire Phoenix Flexibles, expanding Amcor’s capacity in the high-growth Indian market. Phoenix Flexibles has one plant located in Gujarat, India, and the business generates annual revenue of approximately US$20 million from the sale of flexible packaging for food, home care and personal care applications. Amcor currently has four flexible packaging plants in India. The business has delivered double-digit organic sales growth per annum ov...
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