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Stock Amcor Plc (AMC.ASX)
Release Time 24 Jan 2025, 9:31 a.m.
Price Sensitive Yes
 Amcor Announces Combination with Berry Global
Key Points
  • Combination of two exceptional and complementary companies
  • Integration planning activities underway with global workstreams
  • Regulatory review progressing, shareholder meetings scheduled for Feb. 25, 2025
Full Summary

Amcor plc has announced a combination with Berry Global Group, a rare opportunity to bring two exceptional and complementary companies together to transform the packaging industry and become a global leader in consumer and healthcare packaging solutions. The integration planning activities have commenced, with more than 50 colleagues from across the globe gathering in Miami and Deerfield to form global workstreams and align on roles, resources, processes, tools and timing. Each workstream is co-led by one Amcor and one Berry colleague to facilitate smooth collaboration, easy alignment and seamless information flow. As the companies move forward, regional integration leads will join the team, and planning will continue regularly until the official integration. Key milestones are already taking shape, with regulatory review progressing and shareholder meetings scheduled for February 25, 2025. Amcor and Berry Global will continue to operate as two independent companies until the official combination, which is expected to occur by mid-year. Amcor has created a dedicated SharePoint site to provide the latest information and guidance to employees during this exciting transition.