Switzerland-based packaging firm Amcor (NYSE: AMCR) has unveiled the signing of a deal to acquire Shanghai-based medical device packaging company MDK. The acquisition gives Amcor control of a company with approximately USD 50 million in annual revenues and adds a manufacturing site to strengthen its presence in the Asia-Pacific region.
MDK’s Capabilities and Market Position
MDK specializes in coating capabilities and medical paper-based packaging solutions, offering a customer base that complements Amcor’s existing profile. The acquisition is expected to enhance Amcor’s product offerings and market reach in the region.
Expanded Asia-Pacific Operations
With the addition of the Shanghai facility, Amcor now operates four manufacturing sites in Asia, covering India, Japan, and Southeast Asian markets. This strategic move underscores Amcor’s commitment to expanding its global footprint and strengthening its position in the Asia-Pacific region.-Fineline Info & Tech
