According toflexpack.org, Amcor announces the sale of three flexible packaging plants in Australasia. These sites were acquired as part of the Aperio acquisition and focused on non-core industrial and agricultural markets.

The purchaser is Integrated Packaging, a privately-owned Australian business, and the transaction is subject to ACCC approval. The sale consideration is $22 million and was based on the same EBITDA multiple as Amcor paid for Aperio.

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Amcor

www.amcor.com

Integrated Packaging

www.integratedpackaging.com