Amcor offers to acquire parts of Alcan packaging

August 21, 2009 | By Aakriti Agarwal and Fayez Ali based on a press release

In June of 2009, Packaging South Asia reported that Indian packaging majors Ess Dee Aluminium and Essel Propack were reportedly both bidding for Alcan’s Packaging division. When Rio Tinto acquired Alcan for US$ 38 billion in 2007, they made it clear that Alcan’s Packaging division would be sold off as it did not fit in with their core objectives of focussing on the metals and mining business. Again in October 2008, PSA reported Alcan Packaging’s acquisition of the Chakan plant (near Pune in Maharashtra) of ACG Worldwide (the Associated Capsules Group).
...cont´d

Want to Read More? Try a Premium Membership. Please Login


Post Comment >>

Ads by Google