Amcor plc

What is Amcor?

Amcor plc is a global packaging company domiciled in Jersey with executive offices in Bristol, UK and Zurich, Switzerland. It makes flexible and rigid packaging for food, beverage, healthcare, and consumer products, and became the world's largest diversified packaging company after merging with Berry Global in April 2025.

Is Amcor publicly traded?

Yes. Shares trade on the New York Stock Exchange as AMCR and in Australia as AMC. The company reports in US dollars on a fiscal year ending June 30.

When was Amcor founded?

The Amcor name dates to 1986, but its lineage runs to Australian paper businesses of the 1860s through Australian Paper Manufacturers. The modern global company was shaped by the 2019 Bemis and 2025 Berry Global mergers.

Who owns Amcor?

No single owner; it is a widely held public company with institutional investors in the US and Australia dominating the register. CEO Peter Konieczny leads the business.

What is Amcor's market position?

Amcor is the largest flexible packaging producer globally and, after Berry, one of the largest rigid packaging companies. Competitors include Sealed Air, Huhtamaki, Silgan, AptarGroup, and Mondi's packaging operations.

Did Amcor acquire Berry Global?

Yes. The all-stock merger completed on April 30, 2025, valuing the transaction at about $10.4 billion including debt. Berry shareholders received 7.25 Amcor shares per Berry share, and Berry shares were delisted from the NYSE.

Amcor's roots reach to the early days of Australian papermaking. The lineage runs through Australian Paper Mills Company, formed in the 1890s from Melbourne-area paper operations that dated to the 1860s, and through the mid-twentieth-century consolidation of Australian paper and packaging producers into Australian Paper Manufacturers, renamed Amcor in 1986.

For most of the twentieth century Amcor was a diversified Australian industrial group spanning paper, packaging, forestry, and recycling. In 2000 it demerged its printing papers business as PaperlinX, and through the 2000s it progressively exited pulp and paper to concentrate on packaging. The decisive expansion was a series of acquisitions under CEO Ken MacKenzie and then Ron Delia that moved the company from Australia into global flexible and rigid packaging, including the purchases of Alcan's packaging operations and Ball's plastics assets.

The modern form arrived with two transformational mergers. In June 2019 Amcor completed an all-stock combination with Bemis Company of Wisconsin, redomiciled to Jersey, and shifted its primary listing to the New York Stock Exchange while keeping an Australian listing. Then in November 2024 it agreed an all-stock merger with Berry Global Group of Indiana, which closed on April 30, 2025. Berry holders received 7.25 Amcor shares per Berry share, valuing the transaction at about $10.4 billion including assumed debt.

Peter Konieczny succeeded Delia as CEO in 2023 and led the Berry transaction. Fiscal 2025, ended June 30, 2025, delivered $15.0 billion of reported net sales and $511 million of GAAP net income including acquisition costs, with two months of Berry contribution. Management has guided toward more than $3 billion of annual free cash flow once full synergies arrive by fiscal 2028.

Amcor's sustainability profile is complicated by its product mix. A large share of revenue still comes from plastic packaging, which places it inside the plastics-policy debate, but its strategic pitch is that material science can deliver recyclable and recycled-content formats at scale. The company has committed to developing packaging that is recyclable or reusable and to increasing post-consumer recycled content, and it publishes annual sustainability reporting against those targets.

The Berry merger materially changed the profile by adding one of the world's largest plastics converters. Amcor has said the combined portfolio accelerates its ability to design for recycling, while critics note that scale in plastics also means scale in plastic-related externalities. The company participates in industry initiatives on circular economy and reports to CDP on climate.

No major greenwashing enforcement action is on record against the company, though the broader flexible-packaging sector faces regulatory pressure in the EU on packaging waste rules.

Amcor appears regularly in the Fortune 500 and Forbes Global 2000 rankings by revenue, and it is a component of major US and Australian indices. The company has collected numerous packaging-industry awards for technical innovation, including recognition from the Flexible Packaging Association and the World Packaging Organisation. Its sustainability reporting has been noted in ESG rankings relative to packaging peers, though assessments vary by methodology.

Amcor's public-record controversies are the sector's rather than the exceptional. The Berry merger required antitrust clearances in major jurisdictions and was completed without blockbuster remedies, though regulators reviewed overlaps in containers and closures.

The company has faced scrutiny over the recyclability claims attached to flexible plastic packaging, an area where industry-wide criticism from environmental groups is intense. In 2022 and 2023, reporting by NGOs and media questioned the gap between recyclable-by-design claims and actual recycling rates for flexible formats. Amcor has responded by investing in recycle-ready mono-material lines and by supporting extended producer responsibility frameworks, but the tension between marketed recyclability and real-world recycling infrastructure remains a documented industry issue.

Routine litigation, environmental permitting, and workplace safety matters attach to a network of hundreds of plants, none of which has produced a singular landmark finding against the company.