The Aperio Group has 13 manufacturing facilities across Australia and New Zealand and a modern facility in Thailand. The Group generates annual revenues of approximately $350m.

According to Amcor, the deal brings together the two leaders in flexible packaging in Australasia and is an important strategic addition to Amcor’s existing Flexible Packaging Business in Asia Pacific.

Ken MacKenzie, CEO of Amcor says the buyout creates the opportunity to develop a stronger platform that has the required scale and breadth of technologies to meet ongoing customer needs.

He says, “This is an important strategic opportunity for our Asia Pacific flexible packaging business. The acquisition of the Aperio Group will enable us to deliver an improved offering to customers, particularly through innovation.”

The acquisition will add 13 additional sites to the existing 21 sites of Amcor Flexibles Asia Pacific Business Group.  Post acquisition the Amcor Flexibles Asia Pacific business is expected to generate a turnover of around $1.2bn from its 34 plants across Asia Pacific.

Amcor continues to assist the ACCC as it conducts its investigation into this transaction, and notes the ACCC intends to make a final decision on March 29.

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