Paper and packaging company Amcor Ltd said it would expand its Amcor Sunclipse distribution business through the acquisition of Texas-based Apollo Paper Co. It said the acquisition would give Sunclipse 40 distribution centers in 13 U.S. states and Mexico.
"The distribution business of Amcor Sunclipse is an extremely well managed operation that has shown consistent growth over a number of years and is now one of the leaders in the U.S. market," Amcor managing director Russell Jones said in a statement. "The acquisition is consistent with the strategy of growing the distribution business in the key regions of the U.S.," the group said.Latest from Recycling Today
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