Amcor acquires South America’s largest flexible packaging business

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Amcor has completed the acquisition of Alusa, the largest flexible packaging business in South America.

Image credit: Amcor webpage
Image credit: Amcor webpage

This deal marks Amcor’s second purchase in the span of just over two weeks following last month’s acquisition of Plastic Moulders Limited, a rigid plastics business that manufactures containers and closures for the food and personal care markets in North America.

Alusa has four plants – one in each of Chile, Peru, Colombia and Argentina – and generates sales of approximately US$375 million.

“Amcor now has a unique platform in an important growth region,” the Australian-based multinational packaging company said in a media statement.

“Along with leadership positions in Europe and Asia, a strong presence in South America significantly improves Amcor’s customer value proposition in the flexible packaging marketplace, positioning us as a partner of choice for customers.”