The acquisition is subject to customary closing conditions and is expected to be completed in the June 2023 quarter.
Amcor signed a definitive agreement to acquire Moda Systems, a manufacturer of state-of-the-art, automated protein packaging machines.
Based in New Zealand, privately-held Moda Systems designs, assembles, and supports high-performance modular vacuum packaging solutions for the meat, poultry, and dairy industries. The acquisition will complement Amcor’s existing strength in film, positioning the company to offer an end-to-end packaging solution that encompasses primary packaging, equipment, on-site technical service, and parts.