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Amcor sells three manufacturing plants to Integrated Packaging Group

By: Kate Tilley

MELBOURNE, AUSTRALIA (Oct. 16, 3:45 a.m. ET) — Integrated Packaging Group Pty Ltd's (IPG) acquisition of three Amcor Ltd.’s Australian flexible packaging plants for A$22 million (US$22.6 million) is likely to be finalized in November, subject to regulatory approval. IPG CEO John Cerini said the acquisition reinforces IPG's growth strategy in industrial and agricultural packaging, allowing it to further grow its Australian, New Zealand, Asian and North American markets.

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