Amcor Completes Acquisition of Alcan Packaging
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Amcor, Melbourne, Australia, announced this week that it has completed the acquisition of Alcan Packaging businesses. The acquisition provides Amcor with global market positions in flexible packaging and folding carton packaging for tobacco. Amcor's Managing Director and CEO Ken MacKenzie said that "we are delighted to finalize the acquisition of the Alcan Packaging assets and have their talented team join Amcor. From a strategic perspective, the businesses we have acquired are strongly aligned with our nominated growth segments, and provide the ability to substantially improve the value proposition for our customers. We are now focused on ensuring seamless integration of these businesses and on achieving the synergies and opportunities offered by this acquisition."
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