Amcor Stock

Amcor plc (Amcor) operates as a global leader in developing and producing responsible packaging for food, beverage, pharmaceutical, medical, home and personal-care, and other products.

The company works with its customers to identify feasible, high-performance, responsible packaging solutions based on their unique needs.

Strategy

The company’s business strategy consists of three components: a focused portfolio, differentiated capabilities, and the company’s aspiration to be THE leading global packaging company.

Segments

The company operates through two reportable segments, Flexibles and Rigid Packaging. The reportable segments produce flexible packaging, rigid packaging, specialty cartons, and closure products, which are sold to customers participating in a range of attractive end use areas throughout Europe, North America, Latin America, Africa, and the Asia Pacific regions.

Flexibles

The company’s Flexibles segment develops and supplies flexible packaging globally. This segment is one of the world's largest suppliers of plastic, aluminum, and fiber based flexible packaging.

Rigid Packaging

The company’s Rigid Packaging segment manufactures rigid packaging containers and related products in the Americas.

Marketing, Distribution, and Competition

The company’s sales are made through a variety of distribution channels, but primarily through the company’s direct sales force. Sales offices and plants are located throughout Europe, North America, Latin America, Africa, and the Asia-Pacific regions to provide prompt and economical service to thousands of customers. The company’s technically trained sales force is supported by product development engineers, design technicians, field service technicians, and customer service teams.

The major markets in which the company sells its products continues to be competitive. Competitors include AptarGroup, Inc., Ball Corporation, Berry Global Group, Inc, CCL Industries Inc., Crown Holdings, Inc., Graphic Packaging Holding Company, Huhtamaki Oyj, International Paper Company, Mayr-Melnhof Karton AG, O-I Glass, Inc., Sealed Air Corporation, Silgan Holdings Inc., Sonoco Products Company, and WestRock Company.

History

Amcor plc was incorporated in 2018.