DoJ Insists Amcor To Divest Medical Flexible Packaging Business At Three Sites

(RTTNews) - The Department of Justice said Amcor must divest manufacturing facilities located in Ashland, Massachusetts; Milwaukee, Wisconsin; and Madison, Wisconsin; along with certain related assets, to Tekni-Plex Inc. or an alternate acquirer, to resolve competitive concerns regarding acquisition of Bemis Company.

Assistant Attorney General Makan Delrahim of the Justice Department's Antitrust Division said: "Today's settlement, which requires Amcor to divest its medical flexible packaging business at these three facilities, will ensure that medical care providers continue to benefit from competition for these critical products."