Amcor to acquire NZ-based protein packaging company

Amcor has announced that it has signed a definitive agreement to acquire Moda Systems, a manufacturer of automated protein packaging machines.

Based in New Zealand, privately held Moda Systems designs, assembles and supports modular vacuum packaging solutions for the meat, poultry and dairy industries. The acquisition will complement Amcor’s existing strength in film, allowing it to offer an end-to-end packaging solution that encompasses primary packaging, equipment, on-site technical service and parts.

“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,” said Amcor Flexibles North America (AFNA) President Fred Stephan.

Moda’s rotary vacuum system is designed to improve operational efficiencies for protein producers, enabling them to optimise labour, improve safety and reduce waste.

The automation technology will enable Amcor to provide a range of customisable format solutions beyond a standard shrink bag for the protein sector.

The acquisition is subject to customary closing conditions and is expected to be completed in the June 2023 quarter.