01.04.16
Amcor announced the acquisition of Deluxe Packages, a privately owned flexible packaging business, for US$45 million. The acquired business will form part of Amcor’s newly-formed Flexibles Americas business group.
Deluxe operates one well-invested manufacturing plant with attractive technologies, capabilities and highly skilled co-workers in Yuba City, located in northern California. The business generates revenues of approximately US$42 million, providing high-performance flexible packaging products to customers in the fresh food and snack segments.
“North America is an attractive region for flexible packaging and this acquisition represents an excellent opportunity to accelerate profitable growth,” Ron Delia, Amcor CEO and managing director, said.
Deluxe operates one well-invested manufacturing plant with attractive technologies, capabilities and highly skilled co-workers in Yuba City, located in northern California. The business generates revenues of approximately US$42 million, providing high-performance flexible packaging products to customers in the fresh food and snack segments.
“North America is an attractive region for flexible packaging and this acquisition represents an excellent opportunity to accelerate profitable growth,” Ron Delia, Amcor CEO and managing director, said.