Amcor have announced that they have reached an agreement to purchase the healthcare flexibles business of Rexam for $330 million. The transaction is expected to be completed in October.
The purchase involves ten plants, which will add to Amcor’s six existing sites and give them an estimated global market share of 15%. The ten plants consist of four in the United states and one in England, Ireland, France, Singapore, Puerto Rico and Spain.
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