Press Release August 14, 2019

Amcor Completes $394 Million Sale of Bemis Healthcare Packaging Europe to Kohlberg & Company

The London Private Equity team advised Amcor plc on the completion of its sale of 100% of the equity in Bemis Healthcare Packaging Limited, Bemis Healthcare Packaging Ireland Limited and Bemis Elsham Limited, to Kohlberg & Company for approximately $394 million. The sale was required by the European Commission in connection with the approval of Amcor's acquisition of the Bemis Company, Inc. which was announced in February 2019 and closed in June 2019.

Amcor is a global leader in developing and producing responsible packaging for food, beverage, pharmaceutical, medical, home and personal-care, and other products. Amcor works with leading companies around the world to protect their products and the people who rely on them, differentiate brands, and improve value chains through a range of flexible and rigid packaging, specialty cartons, closures, and services. The company is focused on making packaging that is increasingly light-weighted, recyclable and reusable, and made using a rising amount of recycled content. 

The Goodwin team was led by partner Richard Lever and associates Anna CooklinRosie Maguire, Angus Simpson and Gartan Tracey, trainee Chloe Smith and paralegal George Marsden and included partner Gretchen Scott and Simon Thomas and associates Genevieve WattKatie LeahRishi NaidooBen ChatzkelsonKatherine BakerRichard Hughes, Nadim Islam and Rachel Thurbon.

For additional details on the announced acquisition, please read the press release.