Packaging companies Amcor and Berry Global Group have secured antitrust approval from the European Commission (EC) for their planned combination.
The unconditional approval was granted under the EU Merger Regulation.
This marks the final regulatory approval required for the merger to proceed.
With the EC’s approval, both companies can now move forward with the remaining steps of the merger process.
The companies anticipate completing the merger on 30 April 2025, subject to the satisfaction or waiver of certain remaining closing conditions.
Last month, Amcor and Berry secured antitrust approval in the US for their proposed $8.4bn merger.
The companies have also confirmed receiving additional regulatory approvals from authorities in China and Brazil.
This February, shareholders from both companies approved the proposed merger.
At that time, Berry CEO Kevin Kwilinski said: “We are excited to take another important step toward finalising this combination between Berry and Amcor and are pleased the shareholders of both companies clearly recognise the significant opportunities we will have as one company to deliver enhanced value for all stakeholders.”
The deal was originally announced in November 2024.
The merged company is expected to prioritise consumer packaging solutions, emphasising sustainable product offerings, global reach, and supply chain flexibility.
Under the terms of the agreement, Amcor is set to hold around 63% of the combined company, with Berry retaining the remaining 37% stake.
Amcor provides packaging solutions across a range of materials for food, beverages, pharmaceuticals, and other products.
It collaborates with companies globally to protect products, enhance brand differentiation, and optimise supply chains.
On the other hand, Berry is a global packaging provider with over 34,000 employees across more than 200 sites worldwide. The company focuses on designing and manufacturing products aimed at supporting the circular economy.
