Berry Global Company

Berry Global Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Berry Global Group, Inc. was founded in 1967 as Berry Plastics Corporation. The company initially focused on manufacturing plastic products and has since evolved into a leading global provider of innovative packaging solutions and engineered materials. In April 2017, the company rebranded itself as Berry Global Group, Inc. to reflect its broader scope and commitment to sustainability.

Parent Company/Ownership Structure

Berry Global operates as an independent publicly traded company listed on the New York Stock Exchange under the ticker symbol BERY. It does not have a parent company, maintaining its ownership structure through public shareholders.

Headquarters Location

The company is headquartered in Evansville, Indiana, United States. This central location allows Berry Global to efficiently manage its operations across North America and other global markets.

Global Business Scope

Berry Global operates in over 250 locations worldwide, serving a diverse customer base across various sectors, including consumer packaging, healthcare, hygiene, and industrial markets. The company has a significant presence in North America, Europe, and Asia, reflecting its commitment to global reach and service.

Main Regulatory Bodies

Berry Global is subject to regulations from several authorities, including:

• The U.S. Securities and Exchange Commission (SEC)
• The Environmental Protection Agency (EPA)
• The Food and Drug Administration (FDA) for healthcare-related products
• Various international regulatory bodies depending on the countries in which it operates.

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2. Company History and Development

Key Milestones

Berry Global has achieved several key milestones in its history:

• 1967: Founded as Berry Plastics Corporation.
• 2017: Rebranded to Berry Global Group, Inc. to reflect its expanded product offerings and commitment to sustainability.
• 2018: Acquired AEP Industries, significantly enhancing its position in the flexible packaging market.
• 2020: Acquired RPC Group, further diversifying its product range and strengthening its European market presence.

Business Expansion Journey

Over the decades, Berry Global has expanded its operations through strategic acquisitions and organic growth. The company has continuously invested in technology and innovation to enhance its manufacturing capabilities and product offerings. This growth strategy has allowed Berry Global to maintain a competitive edge in the packaging industry.

Customer Base Growth

Berry Global serves a wide range of customers, including multinational corporations, small businesses, and government agencies. Its diverse customer base spans various industries, such as food and beverage, healthcare, personal care, and industrial sectors. The company's ability to customize solutions has contributed to its growing customer loyalty and market share.

Platform Development History

The company has invested heavily in developing its manufacturing platforms, emphasizing sustainability and efficiency. Berry Global has implemented advanced technologies, such as automation and digitalization, to streamline its production processes and reduce its environmental footprint.

Important Awards or Recognitions Received

Berry Global has received numerous awards for its commitment to sustainability and innovation. Notably, it has been recognized for its efforts in reducing plastic waste and promoting circular economy practices. The company was also rated ‘AA’ for ESG management by MSCI, highlighting its focus on environmental, social, and governance factors.

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3. Trading Services Offered

Forex Trading Options

As a manufacturing and packaging company, Berry Global does not directly offer forex trading options. However, it operates in a global market where currency fluctuations can impact its financial performance.

Stock Trading Options

Berry Global's stock is traded on the New York Stock Exchange under the ticker symbol BERY. Investors can buy and sell shares of the company, providing them with an opportunity to participate in its financial growth.

CFD Trading Products

Berry Global does not directly offer Contracts for Difference (CFDs) as it operates in the manufacturing sector. However, investors may find CFDs related to its stock through financial institutions that provide such trading options.

Other Financial Instruments

While Berry Global focuses on manufacturing and packaging, investors may engage with various financial instruments related to the company, including options and futures contracts tied to its stock performance.

Special Services or Unique Advantages

Berry Global differentiates itself through its commitment to sustainability and innovation in packaging solutions. The company focuses on creating products that meet customer needs while minimizing environmental impact, giving it a competitive advantage in the market.

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4. Regulatory and Legal Background

Detailed Regulatory Information

Berry Global is regulated by several bodies, including:

• U.S. Securities and Exchange Commission (SEC): Oversees the company's financial reporting and compliance with securities laws.
• Environmental Protection Agency (EPA): Regulates the environmental impact of the company's operations.
• Food and Drug Administration (FDA): Governs the safety and efficacy of healthcare-related products.

Legal Entity Structure by Region

Berry Global operates through various subsidiaries and legal entities in different regions to comply with local laws and regulations. This structure allows the company to effectively manage its global operations while adhering to regional legal requirements.

Client Fund Protection Measures

As a manufacturing company, Berry Global does not hold client funds in the traditional sense. However, it ensures financial stability and transparency through rigorous financial practices and compliance with regulatory standards.

Countries/Regions Served

Berry Global serves customers in North America, Europe, Asia, and beyond. Its global footprint allows it to meet diverse customer needs across various markets, enhancing its competitiveness.

Compliance History

Berry Global has maintained a strong compliance history, adhering to local and international regulations. The company actively engages in sustainability initiatives and strives to meet environmental standards, reflecting its commitment to responsible business practices.

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5. Competitive Landscape

3-5 Main Competitors

Berry Global faces competition from several key players in the packaging and materials industry, including:

• Amcor plc: A global leader in packaging solutions, known for its sustainable practices.
• Sealed Air Corporation: Specializes in protective packaging and food safety solutions.
• Mondi Group: A packaging and paper company with a strong focus on sustainability.
• WestRock Company: Provides packaging solutions for various industries, emphasizing innovation.

Positioning in the Industry

Berry Global positions itself as a leader in sustainable packaging solutions, leveraging its extensive manufacturing capabilities and innovative technologies. The company emphasizes its commitment to reducing plastic waste and promoting a circular economy.

Market Differentiation Factors

Berry Global differentiates itself through its focus on sustainability, innovation, and customer-centric solutions. Its ability to provide customized packaging solutions that meet the specific needs of diverse industries sets it apart from competitors. Additionally, its extensive global presence allows it to serve a wide range of customers effectively.

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In conclusion, Berry Global Group, Inc. has established itself as a prominent player in the packaging industry, driven by its commitment to sustainability and innovation. With a rich history of growth and expansion, the company continues to adapt to market demands while maintaining its focus on responsible business practices. Investors and customers alike can benefit from Berry Global's dedication to providing high-quality, sustainable packaging solutions that meet the needs of today's global market.

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