Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Amcor Agrees to Acquire BPI China - Ink World Magazine
Industry News, Mergers and Acquisitions, Printers News

Amcor Agrees to Acquire BPI China

Acquisition will strengthen Amcor’s position in Southern China.

Amcor announced an agreement to acquire BPI China, the Chinese subsidiary of UK-based British Polythene Industries PLC, for US$13 million.

BPI China has one plant located in Xinhui, South China, with state-of-the-art blown film and flexographic printing lines. The business produces flexible packaging products for export and domestic customers.

Amcor currently has a total of 10 flexible packaging plants in China, including four plants in Southern China. This acquisition will strengthen Amcor’s leadership position in Southern China and complement the existing business by providing additional scale and talent. It will also broaden Amcor’s capabilities in China to include flexographic printing and reduce future capital expenditure requirements.

“China continues to be an attractive market for flexible packaging globally and this is an excellent opportunity to support our continued expansion in the important Southern region,” Ron Delia, Amcor’s managing director and CEO, said.

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