Amcor Plc (ASX:AMC) is a materials company which was listed on the Australian Securities Exchange (ASX) on 28 August 1969 under the ticker code AMC. Headquartered in Victoria, the company was founded in the 1860s by Samuel Ramsden. The company claims to be a global leader in producing and developing responsible (flexible and rigid) packaging for personal care, home care, pet care, speciality cartons, medical, pharmaceuticals, beverages, food and other products. According to the company’s website, Amcor is present across 43 countries through 220 sites. In 2019, the company acquired a complementary company, Bemis in an all-stock combination and created a leading consumer packaging company. The company innovates new formats, technologies and materials through over 1000 research and development experts. In Ghent, Belgium, the group coordinates R&D efforts to manufacture sustainable, flexible packaging. In Manchester, Michigan, Amcor experts coordinate with customers to develop and test rigid containers. In Neenah, Wisconsin, the group accelerates its packaging ideas. Amcor’s strategy Amcor’s strategy consists of three elements:
• Focused portfolio – Key characteristics of the company’s portfolio are focus on primary packaging, good industry structure, attractive relative growth and multiple ways to win via scale, leadership position and ability to differentiate the offerings through innovation.
• Differentiated capabilities – The capabilities like capital and cash discipline, innovation, operational leadership, commercial excellence and talent enable the company to leverage across its portfolio.
• Aspiration to be a leading global packaging company.
Corporate Information
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