Tekni-Plex Inc. entered into a definitive agreement to acquire three manufacturing facilities from Amcor Limited (ASX:AMC) for approximately $220 million on April 22, 2019. The transaction represents an add-on for Tekni-Plex sponsored by Genstar Capital. Tekni-Plex and Amcor entered into the agreement in order to resolve certain specific antitrust concerns raised in the United States associated with the proposed combination of Amcor and Bemis. The facilities generate annual combined sales of approximately $100 million. Approximately 150 employees of from the three facilities will join Tekni-Plex pursuant to the deal. Closing is subject to approval by the United States Department of Justice and completion of the merger between Amcor Limited and Bemis Company Inc. William Blair acted as a financial advisor to Amcor Limited. Steven H. Levin, Alexandria Pike, Paul Watkins, Nir Servatka and Gregg Benson of Davies Ward Phillips & Vineberg LLP to Amcor plc (ASX:AMC). Todd Boes, Michael Lee, Michael McFalls, Peter Alpert, Aaron Harsh, Benjamin Rogers, Michael Kurzer, Elizabeth Gallucci and Emily Burke of Ropes & Gray LLP acted as the legal advisor for Tekni-Plex, Inc. Tekni-Plex Inc. completed the acquisition of three manufacturing facilities from Amcor plc (ASX:AMC) on June 17, 2019.