Amcor’s Detmold acquisition to go ahead

By Kate Tilley
Correspondent

Published: February 21, 2014 12:15 pm ET
Updated: February 21, 2014 12:19 pm ET

Related to this story

Topics Mergers & Acquisitions, Packaging
Companies & Associations Amcor Ltd.

MELBOURNE, AUSTRALIA — Australia’s competition watchdog, the Australian Competition and Consumer Commission (ACCC), will not oppose Amcor Ltd.’s proposed A$50 million acquisition of Detmold Flexibles Pty. Ltd., a unit of Adelaide-based Detmold Group.

Detmold competes with Melbourne-based Amcor in supplying value-added flexible packaging, particularly to fast moving consumer goods (FMCG) manufacturers.

“ACCC concluded the acquisition of Detmold’s Australian flexible packaging operations would be unlikely to substantially lessen competition,” ACCC chairman Rod Sims said.

ACCC’s report said FMCG manufacturers can successfully manage their supply chain by importing value-added flexible packaging.


Comments

Amcor’s Detmold acquisition to go ahead

By Kate Tilley
Correspondent

Published: February 21, 2014 12:15 pm ET
Updated: February 21, 2014 12:19 pm ET

Post Your Comments


Back to story


More stories

Image

Packaging leads the way for M&As

March 6, 2015 1:33 pm ET

Packaging has outperformed the field for mergers and acquisitions for an extended period of time, an Ernst & Young official said at the Plastics News ...    More

Image

Arkema adds Bostik to high performance materials business unit

March 6, 2015 9:24 am ET

Arkema SA has finalized the acquisition of Bostik SA from Total SA, bringing what it says is the world's No. 3 adhesives provider into its portfolio.    More

Image

Pactiv expanding in North Carolina

March 5, 2015 4:18 pm ET

Pactiv LLC is spending more than $24 million on an expansion project in North Carolina that will create 59 new jobs.    More

Image

VisiPak adds to customer mix, product offerings with Tulox acquisition

March 5, 2015 2:19 pm ET

VisiPak has acquired Tulox Plastics Corp., a maker of clear plastic packaging.    More

Image

Auto supplier Motus adds more production as it buys Leon Interiors

March 5, 2015 10:52 am ET

Motus Integrated Technologies, a Tier 1 automotive interiors supplier, is getting bigger, adding the assets of Tier 2 supplier Leon Interiors Inc.    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events