Amcor to merge with Berry in a $15.7bn deal.

Amcor, a responsible packaging solutions developer, agreed to merge with Berry, a manufacturer and marketer of plastic packaging products, in a $15.7bn deal. "This combination delivers on our strategy to accelerate growth by putting the customer first, elevating the role of sustainability and orienting the portfolio toward faster growing, higher margin categories. We will have a more complete and more sustainable product offering, supported by stronger innovation capabilities, global scale and supply chain flexibility. We will help global and local customers grow faster and operate more efficiently with a team of exceptional talent. As a result, this combination also drives a step change in annual free cash flow, earnings growth and value creation for our shareholders. I, and the Amcor team, look forward to joining with Berry to accelerate change and real impact for our customers and their consumers," Peter Konieczny, Amcor CEO. On February 26, 2025, Amcor and Berry Global shareholders approve combination.