Inside Project Spirit: Amcor’s $13b deal to become a global giant
by Simon Evans · Australian Financial ReviewSimon EvansSenior reporter
Amcor’s $13 billion buyout of rival plastic packaging group Berry Global has been six years in the making. That’s when Amcor’s then-chief executive, Ron Delia, floated the idea of merging with the Indiana-headquartered plastic products manufacturer.
Ultimately, it was left to Delia’s successor, Peter Konieczny, to seal the deal for the Melbourne-founded business, which started life as the Australian Paper Mills Company in 1896 before going global.
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Simon EvansSenior reporterSimon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
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