Ball Corporation has acquired an 80% stake in Benepack’s European beverage can manufacturing operations for €184 million, enhancing its capacity and sustainability in the market.

Target Information

Ball Corporation has successfully reached an agreement to acquire an 80% stake in Benepack’s European beverage can manufacturing operations for €184 million (approximately $216 million). This strategic deal encompasses two production facilities located in Belgium and Hungary, both essential to Benepack’s operations. The remaining 20% stake will continue to be held by Benepack's shareholders, ensuring their involvement in the ongoing management of the business. The completion of this transaction is expected to occur in the first quarter of 2026, following the achievement of standard closing conditions as outlined in the purchase agreements.

Benepack is notable for supplying aluminum beverage cans to both multinational and domestic drinks companies throughout Western and Eastern Europe. By integrating Benepack's manufacturing capabilities, Ball Corporation aims to enhance its operational efficiency and better serve its growing customer base across these regions.

Industry Overview in Europe

The beverage can packaging industry in Europe has experienced significant growth in recent years, driven by increasing consumer demand for sustainable and recyclable packaging solutions. As env