🌟 [ 3 ]   Amcor to buy Berry Group in $13 billion deal

( 427 viewed : 4 like : 1 comments ) The world’s largest consumer packaging company, Amcor, said it would pay around $13 billion in shares to buy out another global packaging leader, Berry Group.

The deal is among the biggest five takeovers by an ASX-listed company ever.

Berry has 34,000 employees in more than 200 locations, while Amcor has 41,000 workers and operates in 40 countries.

Amcor makes a range of cartons, containers and wrappers for food, pharmaceuticals and personal products.

The US-based Berry complements this with its range of packaging - especially rigid containers, which are used for various household products.

The deal will give the combined company 1500 Research and Development staff with an annual budget of $US180 million. [ 2024-11-20T05:58:17Z ] :flashminiupdate:2024-11-20

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[3D] Amcor to buy Berry Group in $13 billion deal [ World ]