Australian packaging firm Amcor has entered an agreement to acquire South American flexible packaging manufacturer Alusa for $435m.

Under the terms of the deal, Amcor will acquire four plants in South America, including Alusa in Chile, Peruplast in Peru, Aluflex in Argentina and Flexa in Colombia.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Alusa has generated around $375m in annual sales by supplying flexible packaging for food, personal care and pet food products.

Amcor CEO Ron Delia said: "A large number of Amcor’s multinational customers operate in South America, and this acquisition significantly improves our ability to support their needs and to grow with them in these markets.

"Our flexible packaging sales in the region will almost double to nearly $1bn with the acquisition of Alusa."

"It is pleasing that over a relatively short period of time, our flexible packaging sales in the region will almost double to nearly $1bn with the acquisition of Alusa, and the recently completed acquisition of Deluxe Packages in the US."

In January, Amcor acquired the US-based packaging firm Deluxe Packages for $45m.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Deluxe Packages will operate as part of Amcor’s newly-formed Flexibles Americas business group.

The company operates one manufacturing plant in Yuba City, in Northern California, where it produces high-performance, flexible packaging products for customers in the fresh food and snack sectors.

Previously, Amcor acquired US packaging business Constar International, as well as Australian flexible packaging company Detmold Flexibles.