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Amcor announces shortlist for latest Lift-Off competition
Prnewswire· 2025-08-04 14:00
Core Insights - Amcor has shortlisted four innovative start-ups in its Amcor Lift-Off challenge aimed at addressing the Water Vapour Transmission Rate (WVTR) barriers for compostable substrates, including paper [1][2][3] Group 1: Amcor Lift-Off Challenge - The challenge focuses on finding effective solutions for moisture protection in compostable packaging materials [3] - The selected start-ups will undergo a rigorous evaluation process that may include technical trials and potential investment [3][4] - Amcor Lift-Off is designed to support early-stage start-ups working on breakthrough packaging technologies, offering selected companies the opportunity to collaborate with Amcor's technical teams and receive funding of up to $500,000 [4][5] Group 2: Innovation and Sustainability - Amcor emphasizes the importance of open innovation in accelerating progress within the packaging industry, aligning with its sustainability goals [4] - The initiative reflects Amcor's commitment to being a leading partner in packaging innovation and connecting with talented minds in the start-up ecosystem [5] Group 3: Company Overview - Amcor is a global leader in packaging solutions, focusing on responsible and sustainable packaging for consumer and healthcare products [6] - The company operates with approximately 70,000 employees across around 140 countries, leveraging its global capabilities to meet local customer needs [6]
Amcor to report fiscal 2025 fourth quarter and full year results
Prnewswire· 2025-07-31 03:56
Core Points - Amcor plc will announce its fiscal 2025 fourth quarter and full year results on August 14, 2025, before the US market opens [1] - A conference call and webcast to discuss the results will take place at 8:00 AM US Eastern Daylight Time on the same day [2] - Amcor is a global leader in responsible packaging solutions, generating $13.6 billion in annual sales in fiscal year 2024 [3] Company Overview - Amcor develops and produces packaging solutions for various sectors including food, beverage, pharmaceutical, and personal care [3] - The company operates 212 locations across 40 countries, employing 41,000 people [3] - Amcor focuses on creating packaging that is recyclable, reusable, and made with recycled content [3]
Amcor and Berry receive European Commission antitrust approval for combination
Prnewswire· 2025-04-25 20:10
Core Points - The European Commission has granted unconditional approval for the merger between Amcor and Berry, allowing the companies to proceed towards closing the transaction, expected on April 30, 2025 [1][2] Company Overview Amcor - Amcor plc is a global leader in responsible packaging solutions, generating $13.6 billion in annual sales in fiscal year 2024, with operations in 212 locations across 40 countries [4] - The company focuses on innovative packaging that is recyclable, reusable, and made with recycled content [4] Berry - Berry Global Group, Inc. is recognized for its innovative packaging solutions, emphasizing sustainability and serving a diverse customer base globally [5] - The company employs over 34,000 people across more than 200 locations, leveraging its capabilities to support the circular economy [5]
AMCOR AND BERRY GLOBAL RECEIVE US ANTITRUST CLEARANCE FOR COMBINATION; ON TRACK FOR CLOSING IN MID CALENDAR YEAR 2025
Prnewswire· 2025-03-11 10:45
Core Viewpoint - Amcor plc and Berry Global Group, Inc. have received U.S. antitrust clearance for their proposed combination, with expectations to close the transaction in mid-calendar year 2025 [1][2][3] Group 1: Regulatory Approvals - The expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act satisfies a closing condition for the merger [1] - Additional regulatory approvals have been received from authorities in China and Brazil, indicating progress in the approval process [2] Group 2: Company Profiles - Amcor is a global leader in responsible packaging solutions, generating $13.6 billion in annual sales with operations in 40 countries and a workforce of 41,000 [4] - Berry Global is also a leader in innovative packaging solutions, employing over 34,000 people across more than 200 locations, focusing on sustainability and the circular economy [5]