The PET container and closure assets of Schmalbach-Lubeca have been snapped up by Amcor for €1.725bn. With sales in 2001 of $2.5bn, Schmalbach is well positioned in the three key segments of carbonated soft drinks, bottled water and custom bottles. The Schmalbach-Lubeca operation will complement Amcor’s existing PET containers operations in Canada and also in the Americas.