Click here for Pulp & Paper Radio International
The Paperitalo Library
Free Downloads
My Profile
Amcor Enters Agreement

Hawthorn, Victoria, Australia 20 December 2013 -- Amcor announces today that it has entered into an asset purchase agreement with Constar International Holdings LLC ("Constar") to acquire certain of its US business assets. 

The US business currently operates six plants with annualised sales of approximately US$190 million and has an attractive fit with Amcor Rigid Plastics.

The transaction is expected to be consummated through a court-supervised process under Section 363 of the US Bankruptcy Code which is anticipated to conclude during the first quarter of 2014.

Following the conclusion of the bankruptcy process further details, including final acquisition pricing, will be released to the market.


Related Articles:

Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: