Acquisition Strategy Used by Amcor

Amcor Company
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Amcor Company
Amcor Limited is a global leader in the packaging industry. The company has been in existence for over a century, with its roots being traced back to the 1860s. The company’s history dates back to a paper mill started by Samuel Ramsden in Melbourne. Initially, the company was known as Australian Paper Manufacturers (APM), which later changed to Amcor Limited. The company is focused on providing consumer packaging. Amcor is a global company focusing on different industries, including packaging food, beverage, medical, personal care, and pharmaceutical packaging. Although Amcor’s headquarters are located in Zurich, Switzerland, the company has managed to establish operations all over the world, with main offices in other areas such as the United States. Currently, the company has operations in about 225 locations spread across over 40 countries and with 46 000 employees around the world (Amcor. n.d). Amcor's main operations entail selling product packaging, which helps the company generate approximately $13 billion in annual sales. Amcor differentiates itself by making packaging solutions that are recycled and reused, light-weighted.
The main strategy of Amcor is acquisitions. The company has a history of acquiring complementary organizations to expand its business operations. In the 1970s and 1980s, Amcor expanded from traditional papermaking activities to diverse packaging interests. The expansion was facilitated through partnership and strategic acquisition with complementary industries. The same strategic acquisition strategy continued in the 2000s, which led to the partial acquisition of Alcan in 2010 and later Bemis Company in 2019. The combination of the acquired com...