Amcor Flexible acquires Alusa, the largest flexible packaging business in South America for USD435 million.
May, 2016 - Santiago, Chile
Carey advised Amcor Flexibles, a global leader in responsible packaging solutions, in the acquisition of Alusa, the largest flexible packaging business in South America with manufacturing operations in Chile, Colombia, Peru and Argentina, for USD435 million. The seller was Techpack, a publicly traded Chilean corporation controlled by the Luksic Group. The acquisition is subject to approval by Techpack shareholders as well as approval by the relevant regulatory authorities. Completion is expected in the coming months.
Carey advised Amcor Flexibles through a team led by partners Pablo Iacobelli and Salvador Valdés, and associates Cristián Figueroa, Patricia Silberman and Alejandro Montt.
