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

Amcor entered a binding agreement to sell its Milwaukee, Ashland and part of Madison plants to Tekni-Plex for $215 million cash as part of remedies for its Bemis transaction, with completion expected on 15 May 2019.

- 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

- [hotcopper.com.au](https://hotcopper.com.au/threads/news-amc-amcor-entered-agreement-with-tekni-plex-for-sale-of-amcor-plants.4724437/), 2019-04-22: "AMCOR LTD - NOW ENTERED INTO A BINDING AGREEMENT WITH TEKNI-PLEX, INC FOR SALE OF AMCOR PLANTS IN MILWAUKEE, ASHLAND AND PART OF MADISON PLANT"

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