IPG completes Amcor Flexibles assets purchase

The Integrated Packaging Group has announced the completion of its acquisition of the business and assets of the Amcor Flexibles Packaging Plants in Cheltenham, Victoria, and Chester Hill and Kirrawee in NSW.

The plants produce plain and printed polyethylene products including printed industrial bags, shrink film, and PVC food film.

IPG said the acquisitions were officially completed as of the end of January this year.

IPG chief executive John Cerini said the acquisition of these plants would reinforce the company’s growth strategy in industrial and agricultural packaging as well as expanding IPG into new market segments.

“This acquisition will enable IPG to further develop its innovative, cost effective, and environmentally beneficial solutions for our customers in Australia, New Zealand and other global markets including Asia and North America,” he said.

“It gives us additional capabilities in printing, converting and PVC food films which will improve our technical expertise providing opportunities into new sales market segments and gives IPG an excellent platform for future expansion of the business.”