# Ball to acquire 80% stake in European can maker Benepack for about EUR 184M

Ball Corporation agreed to buy an 80 percent stake in Benepack's beverage can businesses, which have plants in Belgium and Hungary, for about 184 million EUR; closing is expected in Q1 2026.

- Type: Acquisition
- Announced: 2025-12-10
- Where: Belgium and Hungary, Belgium
- Value: $215.0M (184.0M EUR)
- Status: announced
- Products: aluminum beverage cans
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Ball Corporation](https://endata.com/companies/556.md) (acquirer)
- [Benepack](https://endata.com/companies/13582.md) (target)
- [Benepack Hong Kong](https://endata.com/companies/13860.md) (target)

## Sources

- [investors.ball.com](https://investors.ball.com/news-presentations/press-releases/detail/715/ball-to-acquire-majority-stake-in-european-beverage-can-manufacturer-benepack), 2025-12-10: "Ball will acquire an 80 percent stake, for a total estimated cost of approximately €184 million"
- [barchart.com](https://www.barchart.com/press-releases/36562172/ball-to-acquire-majority-stake-in-european-beverage-can-manufacturer-benepack), 2025-12-11: "Ball will acquire an 80 percent stake, for a total estimated cost of approximately €184 million"
- [packagingdive.com](https://www.packagingdive.com/news/ball-acquisition-benepack-metal-cans-beverage-europe/807639/), 2025-12-11: "Ball has entered agreements to acquire a majority stake in China-based beverage can manufacturer Benepack."
- [slaughterandmay.com](https://www.slaughterandmay.com/recent-work/ball-corporation-on-the-merger-control-aspects-of-its-proposed-acquisition-of-a-majority-stake-in-benepack-hong-kong-ltd-s-european-beverage-can-manufacturing-businesses/), 2025-12-30: "Germany's Federal Cartel Office announced on 10 December 2025 that it had cleared the transactions unconditionally following a Phase 1 investigation."
- [foodtechbiz.com](https://www.foodtechbiz.com/business-updates/ball-to-acquire-majority-stake-in-european-beverage-can-maker-benepack), 2026-01-20: "Ball will acquire an 80 percent stake, for a total estimated cost of approximately €184 million"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.