Amcor and Berry Global Secure Merger Approval from the European Commission

Amcor plc and Berry Global Group, Inc. have successfully obtained unconditional approval from the European Commission (EC) for their merger, a significant milestone paving the way for their combined operations. This regulatory clearance ensures that the two companies can proceed towards finalizing the transaction, which is expected to conclude on April 30, 2025.

This merger marks a notable step in the packaging industry as both companies strive to create innovative, sustainable packaging solutions globally. Amcor, a recognized leader in responsible packaging solutions, generates substantial revenue through its diverse offerings for food, beverage, pharmaceutical, medical, household, and personal care sectors. With annual sales projected at approximately $13.6 billion, Amcor operates across 212 locations in 40 countries. Their focus on sustainability drives their commitment to create packaging that is recyclable, reusable, and energy-efficient.

Berry Global, also a key player in the packaging sphere, champions its vast experience in sustainability and innovation, employing over 34,000 people across more than 200 locations worldwide. The company strives to enhance product offerings while adhering to the principles of the circular economy. They collaborate with a wide range of customers from different sectors, providing customized packaging solutions aimed at benefiting consumers and the environment.

The combination of Amcor and Berry is expected to yield significant synergies, enhancing their strengths in product innovation and sustainability efforts. As they leap into this unified future, stakeholders are optimistic about the operational efficiencies that will arise from merged resources and capabilities, along with the broadened reach into new markets.

Amcor plans to announce its fiscal 2025 third-quarter results, ending March 31, 2025, shortly after the market closes on April 30. This report will provide insights into the company’s financial performance amidst the structural changes resulting from the merger.

Further, a conference call and webcast to discuss Amcor's financial outcomes will be hosted that same evening, illustrating their commitment to transparency and shareholder engagement.

Both Amcor and Berry have communicated that they are eager to finalize their merger, with confidence in the competitive advantages it will provide. The newly formed entity promises to harness innovation and sustainable practices to lead the packaging industry towards a more responsible future.

As the closure date approaches, various conditions tied to the agreement will be monitored to ensure compliance with regulatory standards, with both companies affirming their readiness to adapt as required.

In the ever-evolving landscape of packaging, this merger signifies a profound commitment to sustainability and innovation, ensuring that the needs of today and tomorrow are met through thoughtful practices and collaborative efforts. Investors, customers, and the broader community will be watching closely as Amcor and Berry Global prepare to embark on this new chapter together.