Amcor announces sale of flexible packaging plant in Australia
03.06.2008
Amcor announces today that it has entered into an agreement to sell its flexible packaging plant located in Perth, Western Australia for $35 million to Integrated Packaging.
The plant produces industrial stretch wrap film for the domestic and New Zealand markets.
Amcor's Managing Director and CEO, Ken MacKenzie, said: "Amcor's strategy in flexible packaging is to focus on the higher value-add segments of the food and healthcare markets. This plant was not aligned to the remainder of the flexibles business as it was the only Amcor site that produced industrial stretch wrap film."
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Source: Unipack.Ru
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