Amcor(AMCR)

Leader

Global packaging giant with $13.6B FY2024 revenue; $24B Berry Global merger announced Nov 2024 to create world's largest consumer packager; 100% recyclable packaging commitment by 2025.

Company Overview

About Amcor

Amcor is one of the world's largest global packaging companies, incorporated in Australia with operational headquarters in Zürich, Switzerland, dual-listed on NYSE (AMCR) and the Australian Securities Exchange. The company generated approximately $13.6 billion in revenues for fiscal year 2024 (ending June 30) spanning flexible packaging (pouches, laminates, shrink films), rigid packaging (bottles, jars, closures), and specialty cartons serving food, beverage, healthcare, home and personal care, and tobacco end markets. In November 2024, Amcor announced a definitive agreement to merge with Berry Global Group—itself a $13+ billion revenue packaging company—in an all-stock combination that would create the world's largest consumer packaging company with approximately $24 billion in combined revenues and 400+ manufacturing locations globally.

Business Model & Competitive Advantage

Amcor's flexible packaging segment, the largest revenue contributor, produces high-performance barrier films and laminates that extend food shelf life, reduce packaging waste per unit, and enable light-weighting that lowers carbon intensity relative to rigid alternatives. The healthcare packaging division—serving pharmaceutical blister packs, medical device packaging, and drug delivery films—provides higher-margin growth tied to pharmaceutical supply chain security and regulatory compliance requirements. Amcor has committed to making 100% of its packaging recyclable or reusable by 2025 as consumer packaged goods customers face pressure from Extended Producer Responsibility regulations in Europe and Australia, driving specification changes toward mono-material structures compatible with existing recycling streams.

Competitive Landscape 2025–2026

In 2025-2026, the Amcor-Berry Global merger—pending regulatory review—would combine Amcor's global flexible packaging strength with Berry's North American rigid plastics and engineered materials capabilities, creating an unmatched portfolio across packaging categories. The combined entity would compete most directly with Sealed Air (SEE), Sonoco Products (SON), Silgan Holdings (SLGN), and Huhtamaki in global consumer packaging. Sustainable packaging mandates across EU markets, including the EU Packaging Regulation requiring recycled content minimums and recyclability standards by 2030, create near-term compliance investment requirements that scale players like the combined Amcor-Berry can absorb more efficiently than smaller regional competitors.

Founded
1860
Headquarters
Melbourne, Australia
Revenue
$13600M
Curated content • Fact-checked and verified

The Amcor Story

Founded in 1860
Melbourne, Australia
Founded by Samuel Ramsden, Various Paper Mill Pioneers

Founders

Samuel RamsdenVarious Paper Mill Pioneers
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Company Timeline

Major milestones in Amcor's journey

13
Total Events
0
Funding Rounds
6
Acquisitions
0
Product Launches
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Leadership Team

Meet the leaders behind Amcor

Peter Konieczny

Chief Executive Officer

Peter Konieczny was appointed CEO of Amcor in September 2024 after serving as Interim CEO since April 2024 following Ron Delia's retirement. He has been a member of the Amcor Global Management Team since 2010 and served as Chief Commercial Officer from September 2020. His previous roles include President of Amcor Flexibles Europe, Middle East & Africa and Latin America (2019-2020), President of Amcor Flexibles EMEA (2015-2019), and President of Amcor Specialty Cartons (2010-2015), bringing extensive international experience across the packaging industry.

Kirby Losch

Chief Commercial Officer

Kirby Losch became Amcor's Chief Commercial Officer following Peter Konieczny's promotion to CEO. He leads the company's commercial strategy, customer relationships, and revenue growth initiatives across Amcor's global operations in flexible and rigid packaging segments.

Fred Stephan

Chief Operating Officer

Fred Stephan was appointed Chief Operating Officer in a new role reporting directly to CEO Peter Konieczny. He oversees Amcor's global manufacturing operations, supply chain, and operational excellence initiatives across the company's 210+ locations worldwide.

David Clark

Chief Sustainability Officer

David Clark serves as Chief Sustainability Officer in a new role created to emphasize Amcor's commitment to environmental responsibility. He leads the company's sustainability strategy including the goal to make all products recyclable or reusable, increase post-consumer recycled content usage, and advance circular economy principles across the packaging industry.

Ron Delia

Former CEO (Retired April 2024)

Ron Delia served as CEO of Amcor for nine years before retiring in April 2024 for health reasons. During his tenure, he led major acquisitions including Bemis Company ($5.25B, 2018), drove global expansion, and established Amcor's sustainability leadership with the aspirational goal to make all products recyclable or reusable by 2025. His strategic vision positioned Amcor for the historic Berry Global acquisition.

Open Positions

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Key Differentiators

Market Leader

Amcor is recognized as a market leader in the Manufacturing sector, demonstrating strong industry presence and customer trust.

Enterprise Scale

With $13600M in revenue, Amcor operates at enterprise scale with proven market validation.

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