Amcor acquisition gets green light

The Australian Competition and Consumer Commission (ACCC) will not oppose the proposed acquisition by Amcor of Detmold Group’s Australian flexible packaging operation.

Detmold competes with Amcor in the supply of flexible packaging to manufacturers of fast moving consumer goods.

The acquisition follows Amcor’s acquisition of Aperio Group in 2012, which was subject to a detailed ACCC review.

“The ACCC concluded the acquisition of Detmold’s Australian flexible packaging operations would be unlikely to substantially lessen competition,” said Rod Sims, chairman, ACCC.

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