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Amcor Plc/ Bemis Company Incorporated

Company Profile Analysis

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Amcor Plc/ Bemis Company Incorporated - Manufacturing & Construction showcase

Year Founded & Workforce

1860

47,000 Employees

Industry

Manufacturing & Construction

Services

Global Food Container Market
A

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Amcor Plc/ Bemis Company Incorporated Overview

Company Headquarters: Australia

Founded: 1860

Workforce: ~47,000

Company Working: Amcor plc (Amcor) is a leading packaging company that develops and manufactures flexible and rigid packaging solutions for applications in the food & beverages, pharmaceuticals, healthcare, home & personal care industries. The company operates through two segments, namely, flexibles and rigid packaging. Furthermore, the company also offers high-barrier foils and films through its subsidiary—Bemis Company, Inc.

Amcor operates in more than 40 countries and has approximately 230 manufacturing sites worldwide. It has a presence across more than 40 countries across North America, Europe, Asia-Pacific, and Latin America. Bemis Company, Inc, Amcor Flexibles (Dandenong) Pty Ltd, Amcor Packaging (Asia) Pty Ltd, Amcor Flexibles (Port Melbourne) Pty Ltd, and Amcor Flexibles Group Pty Ltd are some of its subsidiaries.

Strategy

Amcor PLC is mainly focused on three strategic components, i.e., customer-oriented product portfolio, differentiated capabilities, and aspiration to be a leading global food container/packaging company. It plans to offer primary packaging solutions for fast-moving consumer goods (FMCG), including food items such as cereals, confectionary products, beverages, dairy products, meat, ketchup & sauces. The company aims to create a diversified product portfolio while differentiating its capabilities across packaging solutions to be a market leader in the packaging industry. Lastly, Amcor plans to ensure that all its packaging products are either recyclable or reusable by 2025.

Company Snapshot

$9,458M

Revenue

47,000

Employees

1860

Founded

Australia

Headquarters

SWOT Analysis

Strengths

  • Global presence with a vast network of distributors
  • Wide range of product portfolio
  • More than 1,700 patents
  • High focus on R&D

Weaknesses

  • Dependence on its flexible segment for revenue generation
  • Involvement in cross-border business litigations

Opportunities

  • Scope for developing recyclable and reusable packaging products
  • Focus on partnerships and acquisitions for expanding its presence in the Middle East & Africa
  • Rapid technological developments

Threats

  • Fluctuation in exchange rates
  • Intense rivalry
  • Changing environment norms for sustainable environmental conditions

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Key Developments

DateApproachDevelopment
–PartnershipAmcor plc announced its partnership with Mars Food to develop mono-material microwaveable pouches that are safe for food.
–PartnershipAmcor plc partnered with 35 leading players in the consumer goods industry to reduce plastic waste by implementing two significant initiatives from Consumer Goods Forum.
–Product DevelopmentAmcor plc launched its first PVDC-free shrink bag- Eco-Tite R, for fresh and processed meat, poultry, and some cheeses.
–Product DevelopmentAmcor plc announced its new product for a new hot-fill polyethylene terephthalate (PET) bottle for Colombia's Nutrea/Frudelca's Frupro protein juice.

Product Offering

  • Amcor Plc/ Bemis Company Incorporated
    • Global Food Container Market

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 9,458 Mn in 2019 to USD 12,861 Mn in 2021.
Amcor Plc/ Bemis Company Incorporated — By Business Segment
Series (USD Mn)201920202021
Sales9,45812,46812,861

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