Huhtamaki has completed the acquisition of the remaining shares of its Brazilian joint venture Laminor S.A., a tube laminate maker, for approximately EUR 30 million. The business is consolidated from April 1, 2020.
Huhtamaki agreed to buy the remaining shares of its Brazilian joint venture Laminor S.A., a tube laminate maker, for about EUR 30 million. Closing is expected in Q1 2020 subject to Brazilian approval.
Amcor has completed its acquisition of Bemis Company Inc., effective June 11, 2019, and now operates as Amcor Plc. The combined company is a consumer packaging group with about 250 locations in more than 40 countries.
The US Justice Department filed a complaint and proposed final judgment requiring Amcor to divest medical flexible packaging assets, including facilities in Ashland, Massachusetts and Madison and Milwaukee, Wisconsin, as a condition of its proposed acquisition of Bemis.
Amcor and Berry Global filed the definitive joint proxy statement for their all-stock transaction with the SEC, with shareholder meetings set for 25 February 2025.
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.
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.
Amcor and Bemis reported further progress toward completing their all-stock transaction, with shareholder documentation filed and Board appointments finalised. The combination is expected to deliver $180 million in pre-tax annual net cost synergies.
Amcor filed shareholder documentation with US and Australian regulators, including board and management appointments, for its takeover of US packaging company Bemis. Shareholder meetings are set for May 2 and completion is expected on May 15, 2019.
Amcor finalised board of director and senior leadership appointments, including three Bemis directors, and filed shareholder documentation for the $6.8 billion all-stock merger with Bemis, expected to close in May 2019.
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.
Amcor has pushed the closing of its all-stock $5.25 billion takeover of Bemis back by a quarter to the second quarter of 2019, citing US antitrust approval and SEC review delays caused by the partial government shutdown.
Amcor Ltd agreed to buy Bemis Company in a deal valued at $6.8 billion, in an all-share transaction in which Bemis shareholders receive 5.1 Amcor shares per Bemis share. The combination creates a leader in flexible consumer packaging in the Americas.
Australian packaging company Amcor is reportedly in advanced talks to acquire U.S. rival Bemis, which had a market value of about $4.20 billion; a deal could be announced as soon as the following week.
Amcor agreed to buy Wisconsin-based Bemis in an all-stock, cash-free transaction valued at about US$9.2 billion, announced in August 2018, creating the largest flexible packaging company.
Bibo Barmaid of Annandale, New Jersey partnered with Bemis Co. to produce individually sized cocktail mix pouches for an at-home cocktail machine, using Bemis packaging film technology.
Bemis agreed to acquire the subsidiaries Evadix Labels and Evadix MPI from Belgium-based Evadix for 3.3 million euros, including about 0.84 million euros of debt repayments. Both businesses are based in Romania and make polyethylene films and flexible packaging.
Speculation reports that Amcor could make a takeover bid for US packaging converter Bemis valued at about USD 5.3 billion; Amcor has acknowledged the speculation without confirming it.
Bemis inaugurated an expansion of its packaging plant in the Suape industrial port complex in Cabo de Santo Agostinho, Pernambuco. The R$31 million investment adds 8,000 square meters and is expected to double rigid packaging capacity and create more than 140 jobs.