PACKAGING giant Amcor is continuing to expand operations in India, acquiring Packaging India Private Ltd (PIPL) for $US26.4 million ($A35.65 million).
AMCOR already has four flexible packaging plants in India’s north and west and the latest acquisition expands its footprint into the country’s south.
PIPL, which produces flexible packaging mostly for the food and personal care markets, has annual sales of about $US40 million.Amcor shares were 18 cents higher at $13.66 at 1012 AEST.