Amcor, a provider of packaging solutions in Australia, Western Europe, North America, agreed to acquire Moda Systems, a creator, manufacturer, and supporter of innovative modular vacuum packaging solutions in the meat and poultry. Financial terms were not disclosed. "This acquisition will enable Amcor to offer an exciting new option and choice in automated protein packaging, making us the only flexible packaging manufacturer to own a high-speed, rotary equipment solution for fresh meat. Combined with our best-in-class film portfolio, we see great strategic value in adding Moda's automation technology, and technical expertise and services, for a range of customizable format solutions beyond a standard shrink bag. This transaction will enable Amcor to further enhance our winning value proposition for our global protein processing customers," Fred Stephan, Amcor President.