Amcor – BPI China acquisition
CHINA • Amcor announced an agreement to acquire BPI China, a subsidiary of UK-based British Polythene Industries PLC for USD 13 million. BPI China has one plant in Xinhui, South China, with blown film and flexographic printing lines, that produces flexible packaging products.
Amcor currently has ten flexible packaging plants in the country, including four in Southern China. According to the company, this acquisition will broaden Amcor’s capabilities to include flexographic printing and reduce capital expenditure requirements.