WWIS Header
Log in
updated 10:11 PM UTC, Nov 14, 2018

$6.8B Stock Deal To Create "Global Leader In Consumer Packaging"

  • Written by Wheeler
  • Published in News

The purchase of Neenah-based Bemis Company by an Australian competitor is expected to create what a news release calls a "global leader in consumer packaging." 

Amcor will buy Bemis in a six-point-eight-billion dollar all-stock transaction.  The company will be listed on the New York Stock Exchange as New Amcor.  The new company stands to receive one-point-eight-million dollars in tax credits from the Wisconsin Economic Development Corporation so it can convert the Neenah facility from making white paper to a packaging grade product.


Black River Falls


Humidity: 68%

Wind: 14 mph

  • 14 Nov 2018 37°F 7°F
  • 15 Nov 2018 40°F 21°F