# Amcor agrees to sell its 50% stake in Bericap North America JV for $122 million

Amcor agreed to sell its 50% interest in the Bericap North America closures joint venture to Bericap for $122 million, with closing expected by December 31, 2024. Proceeds will reduce debt.

- Type: Acquisition
- Announced: 2024-10-31
- Value: $122.0M
- Status: announced
- Products: beverage, food and industrial closures

## Companies

- [Amcor](https://endata.com/companies/267.md) (partner)
- [Amcor Rigid Packaging](https://endata.com/companies/10601.md) (partner)
- [BERICAP](https://endata.com/companies/11760.md) (acquirer)
- [BERICAP North America](https://endata.com/companies/12467.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/amcor-to-sell-interest-in-bcna-joint-venture-for-122-million-302293011.html), 2024-10-31: "Amcor announced today it has entered into an agreement to sell its 50% interest in Bericap North America (BCNA) for $122 million."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/amcor-bcna-divesture-jv/), 2024-11-01: "Amcor has entered into an agreement to sell its 50% interest in the Bericap North America (BCNA) joint venture (JV) for $122m."
- [bericap.com](https://bericap.com/2024/11/12/bericap-takes-full-ownership-of-bericap-north-america-and-strengthens-its-presence-on-the-north-american-continent/), 2024-11-12: "BERICAP will acquire 100 percent of the shares in BCNA."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.