Amcor Steps Up Investment in ePac Flexible Packaging

Amcor plc has announced that it is increasing its investment in ePac Flexible Packaging by $45 million, thereby raising its minority stake in the latter. This investment complements AMCR’s existing digital activities. It is in sync with its objective to team up with high-growth, visionary companies that provide opportunities for innovations, making packaging more sustainable while generating strong returns for its shareholders.

Amcor had made its initial investment in ePac last April, its first corporate venture-type investment. ePac was founded in 2016 with a mission to help the locally-based consumer packaged goods companies compete with large brands through great packaging.

ePac has rapidly scaled up its business over the years, generating annual revenues of around $100 million, and has a fast-growing international footprint. Via its 25 sites, ePac caters to the needs of small and medium-sized consumer goods customers with a unique, digitally-enabled and scalable business model.