Amcor is the world's largest consumer packaging company, making flexible and rigid packaging sold primarily to consumer goods companies in food, beverage, healthcare, and personal care end markets. Amcor completed a transformational merger with Berry Global in April 2025, creating a combined company of roughly 77,000 employees across more than 400 facilities in over 40 countries. Amcor operates two segments: Global Flexible Packaging Solutions (~72% of revenue), which produces pouches, films, laminates, and wraps across food, healthcare, and personal care; and Global Rigid Packaging Solutions (~28% of revenue), which makes containers, bottles, closures, and dispensing systems primarily for beverage, healthcare, and personal care customers. Amcor's business model centers on converting raw materials — primarily polymer resins, aluminum, and fiber — into packaging, with profitability driven by volume leverage, value-based pricing, raw material pass-through, and procurement scale. The Berry merger significantly expanded Amcor's North American rigid packaging footprint and global procurement scale (~$13B annually), and management has identified $650M in total synergies through FY28. Amcor's organic growth strategy focuses on six priority end markets — healthcare, protein, premium coffee, pet care, dairy/liquids, and select personal care — which management views as higher-growth and more innovation-intensive. Amcor also plans to divest or restructure ~$2.5B in non-core revenues, including its North American beverage container business, to focus on higher-margin categories where its competitive position is stronger.
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