Amcor acquires Indonesian flex-pack business

Bella Prima has two plants in Jakarta specializing in the high growth shrink sleeve, label and lidding business. Sales in CY2013 were approximately 30 million AUD (28 million USD).

Amcor currently has one flexibles packaging plant in Indonesia.

Amcor's managing director and CEO Ken MacKenzie said: ‘Indonesia is an attractive market for flexible packaging given its rising per capita income and changing retail formats. The Bella Prima acquisition gives Amcor the opportunity to broaden its product portfolio in attractive end market segments and deepen our relationships with key customers. Given the expected synergy benefits, it is anticipated returns will exceed 20 percent by year three.’