EU Approves Amcor-Berry Global Merger, Completion Expected April 2025

Amcor and Berry Global have received unconditional approval from the European Commission for their planned merger, marking the final regulatory step needed for completion, which is expected by April 30, 2025. The merger, previously approved by authorities in the US, China, and Brazil, will create a major global packaging company with Amcor holding a 63% stake and Berry 37%. Both companies bring significant strengths: Amcor is recognized for its broad, sustainable packaging solutions and global reach, while Berry contributes financial strength and a commitment to innovation and the circular economy. The combined entity aims to enhance product offerings, supply chain capabilities, and sustainability initiatives for customers worldwide. Analysts have responded positively, projecting potential upside for Amcor’s stock and rating it as 'Outperform.' The merger is anticipated to deliver greater value to stakeholders and solidify the new company’s position as a leader in the packaging industry.