# Amcor receives European Commission approval for $6.8bn Bemis merger

The European Commission approved Amcor's $6.8 billion all-stock merger with US flexible packaging maker Bemis, conditional on divesting Bemis's European medical packaging business with three UK and Ireland plants. Closing is expected in the second quarter of 2019.

- Type: Acquisition
- Announced: 2019-02-13
- Value: $6.80B
- Status: announced
- Products: flexible packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Amcor](https://endata.com/companies/267.md) (acquirer)
- [Bemis](https://endata.com/companies/314.md) (target)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/amcor-ec-approval-merger-bemis/), 2019-02-13: "Amcor has received approval from the European Commission for the proposed $6.8bn merger with US-based flexible packaging major Bemis in an all-stock combination."
- [afr.com](https://www.afr.com/companies/manufacturing/kpmg-thumbsup-for-amcor-buyout-of-bemis-20190313-h1cb9x), 2019-03-12: "A scheme booklet for the Amcor buyout of Bemis was lodged with the Australian Securities Exchange on Wednesday, with independent expert KPMG concluding that the transaction was in the best interest of Amcor shareholders."

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