developmentThe new Amcor will come together on a ‘best of both’ approach and ensure that the existing technical know-how is enhanced. Customers will benefit from the ongoing development of new technologies and the increased focus on creating customer value through product development.
Over the past few years, both Amcor and Alcan Packaging have embarked on dedicated customer-focused programs. The combined expertise will be utilised to improve the customer value proposition and the new Amcor will continue striving to be the customers’ partner of choice.
Through The Way Forward, Amcor identified flexible packaging, folding carton packaging for tobacco and custom PET containers as key strategic growth areas. The Alcan Packaging acquisition is a strong fit with these strategic objectives.
With 306 sites in 43 countries, the combined group will offer a range of products and services across a number of important regions. This broad geographic coverage will enable local supply as well as global sourcing of specialised products from one supplier. The enhanced global reach also creates more options to ensure continuity of supply.
The Alcan Packaging businesses complement Amcor’s core business and will enable the combined group to better serve customers in more locations with more products and services.
Amcor has an investment grade balance sheet and, over the past four years, has consistently generated strong operating cash flows.
The Company is focused on the packaging industry. The Alcan Packaging acquisition reinforces this commitment and will enhance Amcor’s ability to support customer growth initiatives.
The new Amcor will be able to utilise its greater operating cash flows, broader global reach and enhanced product development capabilities to increase investment in important regions and technologies.
workplace, marketplace, community andeconomyAmcor is focused on improving its sustainability performance.
The Company has established both short term and long term goals across all aspects of sustainability, including reduction targets for greenhouse gas emissions, waste to landfill and water usage, as well as focusing on creating an even safer workplace.
Amcor understands the impact of its manufacturing operations on the community and remains committed to engaging with local communities to build mutually beneficial partnerships.
By combining the Alcan Packaging businesses with Amcor’s existing operations, there will be an improved ability to work with customers to develop sustainable packaging solutions which improve the overall lifecycle of the product and its delivery to consumers.
