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Capital & Financial MarketsPortfolio & Strategy 30 Sep 2026

Amcor divests five businesses with USD 500m of sales as FY26 splits 55:45 flexibles to rigids

Amcor divested five non-core businesses representing about USD 500m in annual revenue during FY26, its first full financial year after combining with Berry Global. The group's annual report shows flexible packaging at 55 per cent of sales, or USD 12.8bn, against 45 per cent, or USD 10.7bn, for rigid packaging. New business wins in the year reached roughly half of the USD 280m three-year revenue synergy target.

Why this mattersThe near-even split between flexible and rigid packaging gives Amcor more scope to cross-sell across healthcare, nutrition and beauty customers than either standalone business had.

  • Amcor divested five non-core businesses in FY26, representing about USD 500m in annual revenue
  • Flexible packaging generated 55 per cent of FY26 group sales, or USD 12.8bn
  • Rigid packaging, including containers, closures and dispensing systems, generated 45 per cent, or USD 10.7bn
  • New business wins during FY26 reached roughly half of Amcor's USD 280m three-year revenue synergy target
  • North America contributed 50 per cent of group sales, Western Europe 29 per cent and emerging markets 19 per cent
  • Amcor reports annual R&D investment of about USD 170m across ten innovation centres
Amcor
Sources PKN Packaging News
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-10-01 · Edited before publication: Ordering breach: a portfolio disposal outranks a sales-split disclosure, so the five divestitures worth about USD 500m of annual revenue must lead the headline, summary and key facts rather than close them. The old headline also read as if USD 500m were a deal value; it is divested annual revenue. All figures otherwise match the PKN excerpt.