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Stock impact report

Amcor announces strategic investment in ePac Flexible Packaging

Amcor plc Ordinary Shares (AMCR) 
Last amcor plc ordinary shares earnings: 2/11 04:15 pm Check Earnings Report
Company Research Source: PR Newswire
ZURICH, April 19, 2021 /PRNewswire/ -- Amcor (NYSE: AMCR) (ASX: AMC), a global leader in consumer packaging, is pleased to announce a strategic investment in ePac Flexible Packaging, a leader in the high quality, short run length digital printing segment for flexible packaging. The investment will range between approximately $10 to $15 million, including a minority ownership interest in ePac Holdings LLC and funding for one or more ePac sites.Amcor's CEO Ron Delia said, "We are incredibly proud of Amcor's innovation and R&D capabilities but with our scale and global footprint we are also uniquely positioned to supplement our internal efforts with investments in complementary technologies and business models. Our investment in ePac is the first corporate venture-type investment for Amcor and provides a great opportunity to learn from a high growth start-up."ePac has a fast-growing international footprint and is focused on servicing the needs of small and medium sized consumer goods cus Show less Read more
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