Ball and Platinum Equity form Ball Metalpack joint venture

Ball and Platinum Equity formed a joint venture, Ball Metalpack, a standalone US maker of steel containers. Platinum Equity holds 51% and Ball keeps 49%, with Ball receiving $600 million in pre-tax proceeds.

“Platinum Equity will have a majority share of 51%. In return, Ball will receive $600 million in pre-tax proceeds, and still have a 49% interest in the venture.”cantechonline.com

• 1 source
• cantechonline.comThe week that was - CanTech InternationalJul 4, 2018

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