Amcor plc (AMCR)

Amcor plc, a Jersey-incorporated public limited company with over 150 years of history rooted in Australia and the United States, is the global leader in developing and producing responsible primary consumer packaging and dispensing solutions across nutrition, health, beauty and wellness categories. On April 30, 2025, Amcor completed its merger with Berry Global Group, Inc., a global manufacturer of rigid and flexible packaging products, with Berry shareholders receiving 7.25 Amcor shares per Berry share; Amcor is also transitioning its fiscal year end from June 30 to December 31, effective with a transition period report covering July–December 2026. The company operates through two reportable segments: Global Flexible Packaging Solutions, which employs approximately 36,000 people across roughly 190 facilities in 33 countries and generated approximately 55% of fiscal 2026 consolidated net sales, and Global Rigid Packaging Solutions, which employs approximately 38,000 people across roughly 210 facilities in 33 countries and generated approximately 45% of net sales.

Amcor serves customers globally across Europe, North America, Latin America, and Asia-Pacific through a direct sales force, with no single customer exceeding 10% of net sales, and competes against companies including 3M, AptarGroup, Avery Dennison, Ball Corporation, Crown Holdings, Graphic Packaging, Huhtamaki, International Paper, O-I Glass, Orora, Packaging Corporation of America, Silgan Holdings, Smurfit WestRock, and Sonoco Products. The company invests heavily in innovation, spending approximately $170 million on R&D in fiscal 2026 with about 1,500 R&D professionals and holding over 7,000 patents, registered designs and trademarks, supported by a global network of Innovation Centers. Sustainability is central to Amcor's strategy, having pledged in 2018 to make all packaging recyclable, compostable, or reusable by 2025 with 10% post-consumer recycled content, and has since set new 2030 recycled content targets and established SBTi-validated near-term and net-zero emissions targets for 2050, guided by a decarbonization roadmap focused on renewable electricity, supply chain reduction, recycled materials, product redesign, and operational efficiency.

Key raw materials include polymer resins and films, paper, paperboard, inks, solvents, adhesives, and aluminum, sourced from diverse global suppliers without significant dependency on any single source, though the company has faced raw material price volatility including disruptions following a Middle East conflict beginning in February 2026. As of June 30, 2026, Amcor employed approximately 75,000 people globally (39% North America, 34% EMEA, 12% Latin America, 15% Asia Pacific), with about 37% covered by collective bargaining agreements, and maintains a strong focus on human capital management, safety culture, leadership development, employee engagement, and ethics following its integration with Berry. The company's shareholder value creation model emphasizes strong cash flow generation redeployed into dividends, organic growth, targeted acquisitions, and share buybacks while maintaining an investment-grade credit rating, with the Berry merger expected to further enhance cash generation and long-term value creation once full synergies are realized.