Australian packaging giant Amcor has offered to buy the European and Asian arms of Alcan Food Packaging along with its pharmaceutical and tobacco businesses for $2025m (€1434m).
Australian packaging company Amcor is in talks with mining giant Rio Tinto about buying part of the latter’s Alcan Packaging Division, confirming speculation that emerged late last year.
Alcan Packaging’s decision to close its packaging production facility in Nebraska, US, at a cost of 71 jobs, follows just weeks after parent company, Australian mining giant Rio Tinto, announced some 14,000 lay offs.
Speculation is rife that Australia’s Amcor is one of several companies to have tabled bids for Rio Tinto’s $4.4bn (€3.1bn) Alcan Packaging division that serves the pharmaceutical, food and tobacco industries.
Packaging giant Alcan has reached an agreement to purchase
Interglass, a privately owned company that makes glass vials and
ampoules, in a move that expands Alcan Packaging's position in the
North American pharmaceutical packaging...
Canada's Alcan is opening a new production centre dedicated to
pharmaceutical packaging at its Alzira plant, located near Valencia
in Spain. The centre will specialise in printing flexible packaging
materials, reports Phil Taylor.