# Amcor to acquire Phoenix Flexibles and its flexible packaging plant in Gujarat, India

Amcor agreed to acquire Phoenix Flexibles, which operates one flexible packaging plant in Gujarat, India, to expand its capacity in India. The deal is expected to close in the September 2023 quarter.

- Type: Acquisition
- Announced: 2023-08-11
- Where: Gujarat, India
- Status: announced
- Products: flexible packaging for food, home care and personal care, advanced film
- 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)
- [Phoenix Flexibles](https://endata.com/companies/10897.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/amcor-announces-acquisition-of-scalable-flexible-packaging-plant-in-high-growth-indian-market-301898751.html), 2023-08-11: "Amcor today announced it has entered into an agreement to acquire Phoenix Flexibles, expanding Amcor's capacity in the high-growth Indian market."

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