Amcor Makes PET Acquisition in Mexico

Amcor has entered into an agreement to purchase the PET injection and blow molding assets of Embotelladoras Arca S.A. de C.V. (Arca) and supply PET bottles to Arca with an initial supply agreement of eight years.

Arca is the second largest Coca Cola bottling franchise in Mexico and was formed in 2001 through the merger of three of the oldest bottling companies in Mexico. It distributes product throughout the Northern region of Mexico.

Amcor will purchase the PET on site injection and blow molding assets of Arca for around $60 million.

Amcor currently supplies around 250 million preforms to Arca a year. As a result of this agreement, Amcor will supply 100 percent of Arca's requirements, which will represent in excess of 800 million units.