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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.
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.
