{"id":11155,"date":"2022-08-22T09:10:00","date_gmt":"2022-08-22T09:10:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3850046_CN50046_0"},"modified":"2022-08-22T09:10:00","modified_gmt":"2022-08-22T09:10:00","slug":"amcor-buys-world-class-scalable-flexible-packaging-plant-in-central-europe","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=11155","title":{"rendered":"Amcor buys world-class scalable flexible packaging plant in Central Europe"},"content":{"rendered":"<p><i>Investment supports customer demand across <span class=\"xn-location\">Europe<\/span> in attractive segments, including coffee and pet food <\/i><\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">ZURICH<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Aug. 22, 2022<\/span><\/span> \/PRNewswire\/ &#8212; Amcor (NYSE: AMCR) (ASX:AMC), a global leader in developing and producing responsible packaging solutions, today announced that it has closed the acquisition of a world-class flexible packaging plant located in the <span class=\"xn-location\">Czech Republic<\/span>.<\/p>\n<p>The strategic location of the site immediately increases Amcor&#8217;s ability to satisfy strong demand and customer growth across its flexible packaging network in <span class=\"xn-location\">Europe<\/span>.<\/p>\n<p>&#8220;With this acquisition we are investing to accelerate the organic growth momentum of our flexibles business in <span class=\"xn-location\">Europe<\/span> in attractive segments,&#8221; said <span class=\"xn-person\">Michael Zacka<\/span>, President, Amcor Flexibles Europe, <span class=\"xn-location\">Middle East<\/span> &amp; <span class=\"xn-location\">Africa<\/span>. &#8220;The scalable nature of the acquired site and its attractive location further bolsters our ability to service strong customer demand and generate strong returns for Amcor shareholders.&#8221;<\/p>\n<p>The plant is a greenfield development commissioned by DG Pack in 2019 and features state-of-the-art specialized equipment for attractive segments including coffee and pet food. The land and buildings acquired also provide the option to significantly scale up operations and establish a highly efficient production hub.<\/p>\n<p><b>About Amcor<\/b><\/p>\n<p>Amcor is a global leader in developing and producing responsible packaging solutions for food, beverage, pharmaceutical, medical, home and personal-care, and other products.&nbsp; Amcor works with leading companies around the world to protect their products and the people who rely on them, differentiate brands, and improve supply chains through a range of flexible and rigid packaging, specialty cartons, closures, and services. The company is focused on making packaging that is increasingly lighter weight, recyclable and reusable, and made using an increasing amount of recycled content. In fiscal year 2022, 44,000 Amcor people generated <span class=\"xn-money\">$15 billion<\/span> in annual sales from operations that span 220 locations in 43 countries.&nbsp; NYSE: AMCR; ASX: AMC<\/p>\n<p><a href=\"http:\/\/www.amcor.com\/\" target=\"_blank\" rel=\"nofollow noopener\">www.amcor.com<\/a><span>&nbsp; I&nbsp;&nbsp;<\/span><a href=\"https:\/\/www.linkedin.com\/company\/6311\/admin\/\" target=\"_blank\" rel=\"nofollow noopener\">LinkedIn<\/a><span>&nbsp; I&nbsp;&nbsp;<\/span><a href=\"https:\/\/www.facebook.com\/amcorlimited\/\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a><span>&nbsp; I&nbsp;&nbsp;<\/span><a href=\"https:\/\/twitter.com\/amcorpackaging\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a><span>&nbsp; I&nbsp;&nbsp;<\/span><a href=\"https:\/\/www.youtube.com\/user\/AmcorPackaging\" target=\"_blank\" rel=\"nofollow noopener\">YouTube<\/a><\/p>\n<p id=\"PURL\"><img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN50046&amp;sd=2022-08-22\"> View original content:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/amcor-buys-world-class-scalable-flexible-packaging-plant-in-central-europe-301609266.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/amcor-buys-world-class-scalable-flexible-packaging-plant-in-central-europe-301609266.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investment supports customer demand across Europe in attractive segments, including coffee and pet food ZURICH, Aug. 22, 2022 \/PRNewswire\/ &#8212; Amcor (NYSE: AMCR) (ASX:AMC), a global leader in developing and producing responsible packaging solutions, today announced that it has closed the acquisition of a world-class flexible packaging plant located in the Czech Republic. The strategic [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-11155","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Amcor buys world-class scalable flexible packaging plant in Central Europe - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=11155\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amcor buys world-class scalable flexible packaging plant in Central Europe - My Blog\" \/>\n<meta property=\"og:description\" content=\"Investment supports customer demand across Europe in attractive segments, including coffee and pet food ZURICH, Aug. 22, 2022 \/PRNewswire\/ &#8212; Amcor (NYSE: AMCR) (ASX:AMC), a global leader in developing and producing responsible packaging solutions, today announced that it has closed the acquisition of a world-class flexible packaging plant located in the Czech Republic. 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