Amcor launches new Orora business following demerger
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Global packaging giant Amcor will call its demerged Australasia and Packaging Distribution (AAPD) business "Orora".
Global packaging giant Amcor will call its demerged Australasia and Packaging Distribution (AAPD) business “Orora”.
Australia-based Amcor expects that the demerger of Orora will become effective on December 17, following shareholder approval.
Amcor chairman Chris Roberts unveiled the new name for AAPD at Amcor’s annual general meeting.
Amcor announced in August that it would split AAPD from the rest of its operations.
Orora will focus on the fibre, glass, and beverage can packaging markets in Australia and New Zealand, plus packaging distribution in North America and Australia.
The new Amcor will focus on making flexible and rigid plastic packaging and tobacco packaging mostly for overseas markets.