Amcor announces today the intention to demerge its Australasia and Packaging Distribution (AAPD) business.
Amcor (www.amcor.com) announces its intention to demerge its Australasia and Packaging Distribution business. Amcor directors reason that the demerger will enhance shareholder value by enabling each company to better pursue their own growth agendas and strategic priorities.
Amcor CEO and managing director, Mr Ken MacKenzie, says: “To be a successful market leader, that delivers continuous improvement in customer value, a company must be focused in terms of product portfolio and end markets.