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A condition of this approval is an agreement to divest three Bemis plants located in the UK and Ireland.
February 12, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Amcor Limited and Bemis Company, Inc. announce an important step toward closing their all-stock transaction, with approval received from the European Commission on Feb. 11, 2019. A condition of this approval is an agreement to divest three Bemis plants located in the UK and Ireland. Combined, these plants generate approximately $170 million of annual revenue from the sale of flexible packaging for certain healthcare products. This approval preserves Amcor’s European healthcare packaging busi...
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