In­dia buy for Am­cor

Townsville Bulletin - - NEWS -

PACK­AG­ING gi­ant Am­cor is con­tin­u­ing to ex­pand oper­a­tions in In­dia, ac­quir­ing Pack­ag­ing In­dia Pri­vate Ltd ( PIPL) for $ US26.4 mil­lion ($ A35.7 mil­lion).

Am­cor al­ready has four flex­i­ble pack­ag­ing plants in In­dia’s north and west and the latest ac­qui­si­tion ex­pands its foot­print into the coun­try’s south.

PIPL, which pro­duces flex­i­ble pack­ag­ing mostly for the food and per­sonal care mar­kets, has an­nual sales of about $ US40 mil­lion.

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