Who Owns Amcor?

The Amcor name has been in use since 1986, when Australian Paper Manufacturers renamed itself. The underlying business is far older, tracing to Melbourne papermaking operations of the 1860s consolidated into Australian Paper Mills Company and its successors. Through most of the twentieth century the company was a diversified Australian industrial group in paper, packaging, forestry, and recycling.

The shift to a pure packaging identity came in stages. In 2000 the printing papers business was demerged as PaperlinX, and through the following decade the company exited pulp and paper to focus on packaging. A run of acquisitions turned Amcor from an Australian champion into a global converter, including major purchases of Alcan's packaging operations and Ball's plastics business.

The first transformational merger arrived in June 2019, when Amcor combined with Bemis Company of Wisconsin in an all-stock deal, redomiciled to Jersey, and moved its primary listing to New York. That transaction established the Amcor brand as a global flexible-packaging identity. The second arrived on April 30, 2025, when the merger with Berry Global Group closed at a value of about $10.4 billion including debt, more than doubling the rigid packaging side of the brand.

CEO Peter Konieczny, who succeeded Ron Delia in 2023, led the Berry transaction. Fiscal 2025 results showed $15.0 billion of reported net sales including two months of Berry, with the brand now representing around $23 billion of combined pro forma revenue. Integration and a $650 million synergy program define the brand's agenda through fiscal 2028.