# Bemis Company Inc. (BMS)

**Exchange:** NYSE  
**Coverage as of:** 2026-Q2  
**Updated:** 2026-05-18  
**Report type:** Primer (steps 1–3 of 19)  
**API endpoint:** GET /api/v1/research/BMS/primer

## Business Model

---
ticker: BMS
step: 01
generated: 2026-05-13
source: quick-research
---

### Bemis Company Inc. (BMS) — Business Overview

> **DELISTED — STALE TICKER**: Bemis Company Inc. (NYSE: BMS) was acquired by Amcor Limited in an all-stock transaction valued at ~$6.8B. The deal closed June 11, 2019. BMS shareholders received 5.1 Amcor shares per Bemis share. BMS was delisted from the NYSE upon close. The successor public entity is **Amcor plc (NYSE: AMCR)**. See AMCR research files for current coverage.

#### Business Description (Historical — Pre-2019)
Bemis Company was a leading manufacturer of flexible packaging products and pressure-sensitive materials, serving food, consumer products, healthcare, and industrial end markets. The company operated ~60 manufacturing facilities across the Americas, Europe, and Asia-Pacific with ~$4B in annual revenue prior to the merger.

#### Key Facts
- Founded: 1858
- Headquarters: Neenah, Wisconsin (at time of merger)
- Acquired by: Amcor Limited (now Amcor plc, NYSE: AMCR)
- Deal close: June 11, 2019
- Exchange: NYSE (delisted 2019)
- Sector / Industry: Materials / Packaging

## Financial Snapshot

---
ticker: BMS
step: 04
generated: 2026-05-13
source: quick-research
---

### Bemis Company Inc. (BMS) — Financial Snapshot

> **DELISTED — STALE TICKER**: BMS was acquired by Amcor Limited and delisted June 11, 2019. No current financials exist as a standalone public entity. See AMCR research files for Amcor plc current financials.

#### Last Reported Financials (Pre-Acquisition, FY2018)

| Metric | FY2016 | FY2017 | FY2018 |
|--------|--------|--------|--------|
| Revenue | ~$3.9B | ~$4.0B | ~$4.1B |
| Operating Margin | ~8% | ~9% | ~9% |
| Net Income | ~$190M | ~$210M | ~$220M |

#### Acquisition Terms
- Acquirer: Amcor Limited (now Amcor plc, NYSE: AMCR)
- Deal value: ~$6.8B (all-stock)
- Exchange ratio: 5.1 Amcor shares per BMS share
- Close date: June 11, 2019

## Recent Catalysts

---
ticker: BMS
step: 12
generated: 2026-05-13
source: quick-research
---

### Bemis Company Inc. (BMS) — Investment Catalysts & Risks

> **DELISTED — STALE TICKER**: BMS was acquired by Amcor Limited and delisted June 11, 2019. No actionable investment thesis exists as a standalone entity. See AMCR research files for Amcor plc catalysts and risks.

#### Historical Context
Bemis was acquired at a ~24% premium to its unaffected share price. The strategic rationale was scale in flexible packaging, cross-selling to food and healthcare customers, and procurement leverage on resin and film inputs. Bemis's North American flexible packaging operations became the backbone of Amcor's Americas segment post-merger.

#### Research Date
Generated: 2026-05-13

## Full Research Available

This primer covers steps 1–3 of 19. The full deep dive (moat analysis, DCF, bull/bear,
management quality, earnings transcript analysis) is available via:

- Investment memo: /memo/bms
- Full research API: GET /api/v1/research/BMS/memo
- Coverage universe: /stocks