Amcor plc

Amcor plc

Overview

Amcor plc develops and produces primary consumer packaging and dispensing solutions across nutrition, health, beauty, and wellness categories. The company works with paper, aluminum, polymer resins, recycled and bio-based materials. It focuses on making packaging more sustainable, functional, and attractive while preserving products and brands. Sales are primarily through a direct sales force, serving thousands of customers via sales offices and plants across Europe, North America, Latin America, and the Asia-Pacific regions.

Merger and corporate trajectory

• Completed a merger with Berry Global Group, Inc. on April 30, 2025.
• Berry shareholders received 7.25 Amcor ordinary shares for each Berry common share.
• Berry shares were delisted from the New York Stock Exchange following the merger.
• Corporate strategy emphasizes growth through organic expansion and long-term strategic mergers and acquisitions, including the Berry combination.

Fiscal year and reporting

• Historically operated on a fiscal year of July 1 to June 30.
• On May 1, 2026, the Board changed the fiscal year to January 1 through December 31.
• Six-month transition period: July 1, 2026 through December 31, 2026; thereafter reporting on a calendar-year basis beginning with the first full calendar year ending December 31, 2027.
• The Form 10-K covers fiscal years ended June 30, 2026; 2025; and 2024.

Business segments

Amcor reports results in two segments:

• Global Flexible Packaging Solutions (GFPS)

  • Produces flexible packaging (polymer resins, films, aluminum, etc.).
  • Approximately 36,000 employees.
  • About 190 manufacturing and support facilities in 33 countries.
  • Ownership: ~75% owned by Amcor; ~25% leased.
  • In fiscal year 2026, GFPS accounted for roughly 55% of consolidated net sales.

• Global Rigid Packaging Solutions (GRPS)

  • Manufactures rigid containers, closures, dispensing and pharma delivery devices, and related products.
  • Approximately 38,000 employees.
  • About 210 manufacturing and support facilities in 33 countries.
  • Ownership: ~60% owned by Amcor; ~40% leased.
  • In fiscal year 2026, GRPS accounted for roughly 45% of consolidated net sales.

Sales are primarily through a direct sales force. No single customer accounted for more than 10% of net sales over the last three fiscal years.

Employees and culture

• About 75,000 employees globally as of June 30, 2026.
• Regional distribution: ~39% in North America, ~34% in Europe, Middle East, and Africa (EMEA), ~12% in Latin America, ~15% in Asia Pacific.
• Approximately 37% of employees are covered by collective bargaining agreements; ~2% under expired contracts; ~19% under agreements set to expire within one year.
• Emphasis on safety, leadership development, succession planning, inclusion, and a unified “One Amcor” culture.

Innovation, R&D, and intellectual property

• R&D expenditure in fiscal year 2026: approximately $170 million.
• More than 7,000 patents, registered designs, and trademarks.
• Approximately 1,500 R&D professionals and engineers across global Innovation Centers.

Sustainability and ESG

• Committed to a circular economy for packaging; pledged in 2018 that all packaging would be recyclable, compostable, or reusable by 2025.
• Targets include increased recycled content by 2030 and net-zero emissions by 2050; the net-zero target was validated by the Science Based Targets initiative in fiscal year 2026.
• Roadmap focuses on five levers: renewable electricity, supply chain footprint reduction, recycled materials, product redesign, and operational efficiency.
• Ongoing focus on reducing energy use, greenhouse gas emissions, water use, and waste, with established ESG governance and reporting.

Financial snapshot

• Debt outstanding: approximately $14.0 billion as of June 30, 2026.
• Revolving credit facilities: about $1.29 billion drawn, with an aggregate limit of $3.75 billion.
• Goodwill and other intangible assets: approximately $18.7 billion as of June 30, 2026.
• Major inputs include polymer resins, films, paper, paperboard, inks, solvents, adhesives, and aluminum. Prices are subject to volatility and supply disruptions; costs can often be passed through in pricing over time.
• The company maintains an internal control framework (SOX), a hedging policy for currency and interest rate risk, and ongoing cybersecurity risk assessments with an integrated cyber crisis team.

Corporate headquarters and footprint

• Primary executive office: Zurich, Switzerland.
• Planned migration of select corporate functions to a new U.S. headquarters in Miami, Florida starting in 2027; continued presence of corporate offices in other regions.
• Global footprint across Europe, North America, Latin America, and Asia-Pacific.

Legal and regulatory

• Listed in Jersey, Channel Islands; shareholders’ rights governed by Jersey law and Amcor’s Articles of Association.
• The company describes exclusive forum considerations for certain shareholder actions, with some uncertainty about enforcement.