date:May 26, 2012
A rationalisation of packaging resources by brand owners and a realignment among convertors are just some of the seismic shifts undergone in the European arena since Amcor sealed its US$2bn deal to buyout Alcan in early 2010, PCI analyst Paul Gaster told FoodProductionDaily.com.
Consolidation has been the major ongoing trend in the European flexibles sector, with the 20 players now accounting for around 60% of the market valued at around 11.6bn in 2011. Amcor is the clear leader of the packagi