Amcor and Berry to combine in all-stock transaction creating a global leader in consumer, healthcare packaging solutions

Berry shareholders will receive a fixed exchange ratio of 7.25 Amcor shares for each Berry share held upon closing, resulting in Amcor and Berry shareholders owning approximately 63% and 37% of the combined company, respectively. The transaction has received unanimous approval of the boards of directors of both Amcor and Berry and values Berry’s common stock at $73.59 per share.

The combination brings together two highly complementary businesses to create a global leader in consumer packaging solutions, with a broader flexible film and converted film offering for customers, a scaled containers and closures business and a unique global healthcare portfolio. The combined company will have unprecedented innovation capabilities and scale, and be uniquely positioned to accelerate growth, solve customers’ and consumers’ sustainability needs, unlock portfolio transformation and deliver significant value to both sets of shareholders.
more at: https://www.amcor.com/media/news/amcor-and-berry-to-combine-in-an-all-stock-transaction

Related Posts

Music to My Mouth: Studio Album Released on Beer Can

Imagine walking into the liquor store on a Friday night. You look past the brews you’ve already tried for something new. You spot a silver and gold capsule of a can, with a strange goggled figure on the label. The copy tells you this beer was formulated to fuel your journey through the multiverse, and it contains a sci-fi album as the soundtrack. To get the album, there’s a special hashtag. By tweeting it, you’ll receive a message telling you what you’re doing right now in a parallel reality, and a link to the music. Curiosity piqued, you bring it home, crack it open, take out your phone, and experience audio, visual, touch and taste in a single moment in time.

Metsä Board’s comparable operating result in January–March 2021 was EUR 89 million

January–March 2021 (compared to 1–3/2020) • Sales were EUR 493.7 million (472.1). • Comparable operating result was EUR 88.8 million (33.8) or 18.0% (7.2) of sales. Operating result was EUR 82.0 million (33.8). • Comparable earnings per share were EUR 0.20 (0.06), and earnings per share were EUR 0.18 (0.06). • Comparable return on capital employed was 18.3% (7.6). • Net cash flow from operations was EUR 16.8 million (80.0).

Colbert Packaging Invests in Longest RMGT Press Built in North America

Colbert Packaging Corporation­­ announces new printing capabilities for pharmaceutical, healthcare and consumer packaged goods manufacturers seeking a U.S. owned and operated supplier for paperboard packaging. Working with RM Machinery, Colbert announces the purchase of an RMGT 1060TP-LX 10-CC-LD+UV. The unique configuration of the press allows for multiple colors, coatings and cold foil enhancement inline. Jobs requiring multiple colors, coatings and cold foils are now able to be produced on this press. Various types of specialty coatings and enhancements can take two or three passes on a traditional printing press. This press accomplishes complex and unique graphics, resulting in elegant packaging solutions customers look for today—in one pass. The award-winning design of RMGT’s tandem perfector also provides the ability to print up to two colors on the inside of the carton, still in one pass through the press. This brings efficiency, convenience and potential cost savings to the project.
Back To Top
×Close search
Search