Ball Corporation to Acquire 80% Stake in Benepack's European Beverage Can Plants
Ball Corporation BALL | 0.00 |
Ball Corporation has entered into definitive agreements to acquire an 80 percent stake in Benepack's beverage can manufacturing businesses in Europe, which include production facilities in Belgium and Hungary. The transaction, valued at approximately €184 million, will leave the remaining 20 percent of the business with existing Benepack shareholders. All required regulatory clearances have been received, and the deal is expected to close in the first quarter of 2026, pending satisfaction of remaining customary closing conditions. The acquisition is expected to enhance Ball's European manufacturing network and support long-term growth with key beverage customers across Europe.
