Commission clears joint venture between Amcor and Sidel
The European Commission has approved under the EU Merger Regulation the creation of a joint venture by Amcor and Sidel, owned by the Tetra Laval Group.
The joint venture will develop "LiquiForm technology" to produce machines that combine the blowing and filling of plastic bottles (currently requiring a two-step operation).
The Commission concluded the proposed acquisition would raise no competition concerns, because Amcor and Sidel's activities' do not overlap, and because the "LiquiForm technology", when it becomes available, will be an entirely new product that currently does not compete with its parents' activities.
The transaction was examined under the simplified merger review procedure.
Amcor is a manufacturer and supplier of rigid and flexible packaging products for the food, beverage, healthcare, home and personal care and tobacco industries.
Sidel provides packaging equipment such as stretch blow moulding machinery for blowing PET plastic bottles and filling machines for plastic and glass bottles and cans.
