Amcor acquires Plastic Moulders
Amcor has announced the acquisition of Plastic Moulders Limited, a rigid plastics business that manufactures containers and closures for the food and home/personal care markets in North America.
The business operates a single plant in Toronto, Canada and has sales of approximately CA$35 million.
Plastic Moulders has established relationships with a number of large multinational customers and utilises technologies including precision injection moulding and in-mould labelling. The latter involves embedding the label in the container wall at the same time the container is extruded, thus removing the need for any secondary processes to adhere a label to the container.
Amcor CEO and Managing Director Ron Delia said, “The Amcor Rigid Plastics business has significant growth opportunities in market segments outside of the traditional non-alcoholic beverage markets. Our strategy to grow this business includes acquiring companies like Plastic Moulders that provide specialised manufacturing capabilities, which will enable Amcor to broaden our product offering for the benefit of current and future customers.”
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