CHICAGO, IL – Mesirow Financial acted as the exclusive financial advisor to Amcor Ltd. (“Amcor”) in the sale of its Marshall, NC Medical Flexibles Facility (“Marshall Flexibles”) to Printpack, Inc. The divestiture was mandated by the U.S. Department of Justice in conjunction with Amcor’s acquisition of Alcan Packaging’s Global Pharmaceuticals division.
Marshall Flexibles is a vertically integrated manufacturer of medical bags, forming films and other film products used in medical applications.
Amcor Ltd. (ASX:AMC), headquartered in Hawthorn, Australia, is a global provider of plastic, metal and glass packaging products for the food, beverage, pharmaceutical and tobacco industries, among others.
Printpack, Inc., headquartered in Atlanta, GA, is a manufacturer of pouches, bags and shrink sleeves for the food, beverage and personal care markets, among others.
The transaction represents another successful assignment completed by Mesirow Financial’s Investment Banking Group. Having completed over 80 packaging transactions in recent years, Mesirow Financial is one of the most active advisors in the paper, plastics and packaging sector.