# Amcor agrees to sell three former Bemis flexible packaging plants to Kohlberg for US$394m

Amcor signed a binding agreement to sell three former Bemis flexible packaging plants in the UK and Ireland to investment firm Kohlberg & Company for US$394 million cash, a divestment required by the European Commission. The plants generate about US$170 million annual sales.

- Type: Acquisition
- Announced: 2019-06-28
- Where: United Kingdom and Ireland, United Kingdom
- Value: $394.0M
- Status: announced
- Products: flexible packaging, healthcare 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) (partner)
- [Kohlberg & Company](https://endata.com/companies/5193.md) (acquirer)
- [Nelipak Corporation](https://endata.com/companies/5364.md) (acquirer)
- [Bemis Healthcare Packaging Europe](https://endata.com/companies/5365.md) (target)

## Sources

- [packaginginsights.com](https://www.packaginginsights.com/news/weekly-roundup-amcor-agrees-us394m-sale-of-flexible-packaging-plants-on-requirement-of-european-commission.html), 2019-06-28: "Amcor entered into a binding agreement with investment firm Kohlberg & Company for the sale of three former Bemis plants located in the United Kingdom and Ireland."
- [paulweiss.com](https://www.paulweiss.com/insights/client-news/kohlberg-acquires-bemis-healthcare-packaging-europe), 2019-08-08: "Paul, Weiss advised Kohlberg & Co. in its acquisition of Bemis Healthcare Packaging Europe from Amcor's Flexible Packaging business unit."

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