Amcor agrees to Moda acquisition

Amcor has signed a definitive agreement to acquire Moda Systems, a manufacturer of automated protein packaging machines based in New Zealand. Privately-held Moda Systems designs, assembles, and supports modular vacuum packaging solutions for the meat, poultry, and dairy industries. The acquisition will complement Amcor’s existing strength in film, positioning the company to offer an end-to-end packaging…