Alcan Packaging acquisition complete

Amcor announces today that the acquisition of the Alcan Packaging businesses has been completed.

2 February, 2010:  This acquisition provides Amcor with leading global positions in the nominated strategic growth markets for flexible packaging and folding carton packaging for tobacco.

The purchase consideration of US$1,948(1) million represents a PBITDA multiple of 5.1 times based on earnings for the year ended 31 December 2009 of US$383 million (excluding the Medical Flexible operations in the U.S.).

Details in PDF attachment, below.

This announcement is also available in French and German.

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