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Amcor is one of the world's
top 3 global packaging companies, based on market
capitalisation, sales and profits.
Headquartered in
Melbourne, Australia, Amcor has 217 manufacturing sites
in 34 countries, and derives about 80% of its earnings
from outside Australasia.
Amcor has approximately
24,000 employees, 135,000 shareholders and in excess of
AU $11.0 billion in annual sales.
The company has
substantial packaging businesses in five geographic
areas - Australasia, North America, Latin America,
Europe and Asia.
In Australasia, Amcor
offers a wide range of packaging and packaging-related
services, including:
- corrugated boxes
- cartons
- aluminium and steel
cans
- flexible plastic
packaging
- PET plastic bottles
and jars
- closures
- multi-wall sacks
Internationally, the
company is focused on four key market segments:
- PET plastic bottles
and jars
- closures and specialty
packaging
- flexible plastic
packaging
- specialty printed
cartons
In April 2000, Amcor
demerged its printing papers business, enabling the
company to focus on growing its global packaging
operations.
Amcor's 45% interest in
Kimberly-Clark Australia, a market leader in tissue and
personal care products was divested in June 2002.
In July 2002 Amcor
acquired the PET and Closures businesses of
Schmalbach-Lubeca, a global leader in its markets,
headquartered in Ratingen, Germany. This acquisition, at
a cost of around $2,875 million makes Amcor the largest
PET manufacturer globally and a market leader in its
chosen sectors. |