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New Deal


Announced

Amcor to acquire Phoenix Flexibles.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Containers and Packaging

Acquisition

Cross Border

Majority

Private

Friendly

Single Bidder

India

packaging solutions

Pending

Synopsis

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Amcor, a responsible packaging solutions manufacturer, agreed to acquire Phoenix Flexibles, a flexible packaging company. Financial terms were not disclosed. “Amcor continues to see substantial opportunities to grow our flexible packaging business in India. With this acquisition, we are investing to maintain and build upon the significant momentum the business has delivered over several years. The scalable nature of the acquired facility, combined with the localization of new capabilities, further enhances our customer value proposition in this attractive high-growth market,” Mike Cash, Amcor Flexibles Asia Pacific President.

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