Deluxe Packages Acquired by Amcor

YUBA CITY, CAAmcor has acquired Deluxe Packages, a privately owned flexible packaging business which will form part of the company’s newly formed flexibles Americas business group.

Deluxe Packages provides high performance flexible packaging products to customers in the fresh food and snack segments. It operates one well invested manufacturing plant in Yuba City, CA with, “attractive technologies, capabilities and highly skilled coworkers,” according to Amcor, which has paid $45 million for the business.

Amcor CEO and managing director Ron Delia said: “North America is an attractive region for flexible packaging and this acquisition represents an excellent opportunity to accelerate profitable growth. With the addition of Deluxe Packages, Amcor’s customer value proposition in the specialty food packaging segment is strengthened with a combined East and West Coast footprint. This acquisition will enhance growth in priority segments and generate strong returns.”