The Australian Competition and Consumer Commission (ACCC) today announced that it does not propose to intervene in Australian-based multinational packaging company Amcor Limited’s proposed AU$238 million takeover of the privately-owned Aperio Group. Amcor and Aperio are two or the leading companies in Australia’s flexible packaging market. According to the ACCC, if the acquisition were to be completed, the merged company would account for in excess of 30 per cent of Australian sales of flexible... ...Read more »

Australian-based multinational packaging company Amcor is waiting for the Australian Competition & Consumer Commission (ACCC) to give its approval for its AU$238 million takeover of the privately owned Aperio Group. Last week, Amcor announced that it had settle a price with Aperio, and that the transaction is now subject to other conditions, including ACCC approval.  Amcor Flexibles currently has 20 manufacturing operations in seven countries. It appears that Amcor is the largest supplier of... ...Read more »