# Amcor to sell Milwaukee, Ashland and Madison plants to Tekni-Plex for $215M

Amcor agreed a binding deal to sell its Milwaukee, Ashland and part of Madison plants to Tekni-Plex for $215 million cash to resolve US DOJ concerns over its Bemis merger.

- Type: Acquisition
- Announced: 2019-04-22
- Where: Milwaukee, Ashland and part of Madison, United States
- Value: $215.0M
- Status: announced
- Products: flexible packaging for healthcare products
- 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) (partner)
- [Bemis](https://endata.com/companies/314.md) (partner)
- [Tekni-Plex](https://endata.com/companies/3983.md) (partner)

## Sources

- [thefreelibrary.com](https://www.thefreelibrary.com/Amcor+to+Sell+Plants+in+US+to+Satisfy+US+DOJ+Concerns+in+Bemis+Merger.-a0583212573), 2019-04-22: "Amcor has now entered into a binding agreement with Tekni-Plex, Inc (Tekni-Plex), for the sale of Amcor plants in Milwaukee, Ashland and part of the Madison plant, for cash consideration of 215m."

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