Ann Arbor-based Amcor Rigid Plastics today announced the expansion of its specialty container business in Latin America with the acquisition of Columbia’s Plasticos Team S.A.S. from Team Foods Columbia, a national food producer. Plasticos Team is a producer and distributor of preforms, bottles, thin-wall containers, and closures.
The acquisition broadens Amcor’s technology in the region and strengthens its position as a global supplier of rigid plastic containers. The deal also includes one stand-alone facility located in Guachene, Columbia.
“The Latin America market continues to be an important growth area for us,” says Mike Schmitt, president of Amcor. “The acquisition of Plasticos Team is important since it validates the roles of both a packaging converter and a consumer goods company working together to supply innovative products to consumers in the region.”
Amcor operates three additional rigid packaging plants and one flexible packaging plant in Columbia, serving customers in the beverage, food, home, and personal care segments.