Current management will remain with the business.
Uniglobe generates annual sales of approximately A$20m, and was established in 1999 with a single plant located in Daman, 150km north of Mumbai. A second Daman based plant was commissioned in 2008, supported by strong sales growth of over 20% in the last three years.
After closing Amcor’s new combined Indian business will consist of five manufacturing sites offering its customers innovative packaging solutions.
MD and CEO, Ken MacKenzie, said: “This is an important opportunity to expand Amcor’s footprint in the high growth Indian market. The Uniglobe business comes with a strong management team, and a track record of delivering significant annual sales growth.”
Source: Amcor
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