# Ball Corporation to sell China beverage can and end plants to ORG Technology for $225M

Ball Corporation agreed to sell its metal beverage packaging facilities in Beijing, Foshan, Hubei and Qingdao, China, to ORG Technology for about $225 million, plus potential relocation-related consideration. The deal is expected to close in the second half of 2019.

- Type: Acquisition
- Announced: 2018-12-13
- Where: Beijing, Foshan, Hubei and Qingdao, China
- Value: $225.0M
- Status: announced
- Products: beverage cans, can ends
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Ball Corporation](https://endata.com/companies/556.md)
- [Ball Corporation](https://endata.com/companies/556.md) (partner)
- [ORG Technology](https://endata.com/companies/4339.md) (acquirer)

## Sources

- [ball.com](https://www.ball.com/newswire/article/123939/ball-corporation-agrees-to-sell-chinese-beverage-can-and-end-manufacturing-facilities), 2018-12-13: "Ball Corporation today announced an agreement to sell its metal beverage packaging facilities in China to ORG Technology Co. Ltd."
- [reuters.com](https://www.reuters.com/article/business/coke-can-maker-ball-corp-to-sell-china-manufacturing-facilities-idUSKBN1OC1BM/), 2018-12-13: "Excess industry capacity in China has led to unsustainable business conditions and inadequate returns on capital deployed relative to Ball's expectations"
- [packaginginsights.com](https://www.packaginginsights.com/news/ball-sells-chinese-beverage-packaging-facilities-in-us225m-deal.html), 2018-12-14: "Ball Corporation will sell its metal beverage packaging facilities in China to ORG Technology Co. Ltd."

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