About the Company
Amcor PLC offers packaging solutions for a vast array of products. Started as Australian Paper Manufacturers, the company renamed itself to Amcor Limited in 1986. In 2019, the company acquired Bemis Company, Inc. for $5.25 billion in shares, and began its operations as Amcor PLC. In the same year, AMCR shares began trading on the New York Stock Exchange (NYSE). Amcor trades on the Australian Securities Exchange as AMC. It is also included in the S&P/ASX 200 Index. AMCR headquarters are located in Zurich, Switzerland.
Amcor offers packaging solutions for beverages, home care products, healthcare products, eatables, appliances and other goods. It is a global leader, with operations in about 230 locations across more than 40 countries. These include operations in Singapore, India, South Korea, China, Kazakhstan, Spain, France, South Africa, Ireland and the United Kingdom, among numerous others. The company has two segments - Rigid Plastics and Flexible Packaging.
Over the years, Amcor has acquired several companies. With the acquisition of rigid Schmalbach-Lubeca’s PET and closure businesses in 2002, Amcor became the largest manufacturer of PET containers worldwide. It took over Alcan Packaging Food Europe, Alcan Packaging Food Asia and its global pharmaceutical and tobacco operations in 2010. Through this multi-millionaire transaction, the company achieved a leading global position in the packaging industry. In 2016, Amcor acquired the largest flexible packaging business in South America – Alusa, for $435 million. Amcor accepted a WorldStar award by World Packaging Organisation (WPO) in 2014 and four Packaging Innovation Awards by DOW in 2019. In 2020, the company was positioned at 42 on the Fortune 500 list. It ranks 992 on Forbes’ Global 2000.
Amcor PLC also offers responsible and innovative packaging that reduces carbon footprint. In order to accomplish this, it uses bio-based materials and provides reusable and recyclable packaging solutions. In 2018, the company pledged to develop all its packaging to be recyclable and reusable by the year 2025.;
|Industry||Packaging & Containers|