Bemis Company Inc.

BMS
Investment Thesis · Updated May 18, 2026 · Coverage 2026-Q2
Free primer — Business model and recent catalysts as thesis context (steps 1 & 3 of 21). The full investment thesis, moat analysis, scenario analysis, and institutional/insider activity are available via the full research tier.

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

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 Investment Thesis

The full research tier ($2.00) adds 7 dimensions that constitute the investment thesis proper.

Moat Analysis
Durable competitive advantages, switching costs, network effects, and moat trajectory.
Investment Thesis
Variant perception, key assumptions, what has to be true, and why the market may be wrong.
Bull / Base / Bear Scenarios
Three discrete scenarios with probability weights, catalysts, and price targets.
Risk Register
Macro, competitive, execution, and regulatory risks with materiality ratings.
Management Quality
Capital allocation track record, incentive alignment, and tenure analysis.
DCF Valuation
10-year DCF with sensitivity matrix across revenue growth and margin assumptions.
Institutional & Insider Activity
13F holder concentration, insider Form 4 transactions, net selling/buying trends, and ownership-structure context.
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