The world’s largest beverage can maker, Ball Corporation, has completed its acquisition of two metal end and closure facilities in the US state of Ohio.
The plants, previously owned by packaging manufacturer Sonoco, employ about 100 people between them in the production of multiple-sized closures for the food can market. Following their acquisition, they will become part of Ball Corporation’s metal food and household products packaging division.
It follows reports that the Colorado-based can maker was preparing a takeover bid for UK rival Rexam. We reported last week that the deal, thought to be worth up to £4.3bn, would produce the world’s largest can making company by a considerable margin.
Ball Corporation’s senior vice president, Michael W Feldser, said: “We are always looking for opportunities to expand into new capabilities that align with our customers’ needs while also maximising value in our existing businesses. This acquisition is a perfect complement to Ball’s existing product portfolio and to our overarching US metal food can strategy. We have a long-standing relationship with Sonoco, and recognise that these plants and their employees produce the highest quality steel and aluminium easy-open ends in the world. We’re pleased to have them as part of the Ball family.”
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