Amcor invests in digital print giant ePac
Global packaging company, Amcor, announced its strategic investment in ePac Flexible Packaging. The investment will range between approximately US $10 to $15 million, including a minority ownership interest in ePac Holdings LLC and funding for one or more ePac sites.
ePac specialises in short run digital printing and currently has an all-HP Indigo fleet. In 2019, it expanded into Asia Pacific with two new bases in Singapore and Indonesia. Generating global annual revenues of approximately US $100 million, ePac's clientele is mainly small and medium sized consumer goods businesses.
"We are incredibly proud of Amcor's innovation and R&D capabilities but with our scale and global footprint we are also uniquely positioned to supplement our internal efforts with investments in complementary technologies and business models. Our investment in ePac is the first corporate venture-type investment for Amcor and provides a great opportunity to learn from a high growth start-up,” said Amcor's CEO Ron Delia.