Ardagh to merge Food & Specialty Metal Packaging with Exal to form Trivium Packaging

Ardagh Group agreed to combine its Food & Specialty Metal Packaging business with Exal Corporation to form Trivium Packaging, a metal packaging company with 57 facilities and about 7,800 employees, headquartered in the Netherlands. Ardagh will hold 43% and receive about $2.5 billion in cash, with completion expected later in 2019.

“Ardagh Group ("Ardagh") announces today that it has entered into an agreement to combine its Food & Specialty Metal Packaging business ("Food & Specialty") with the business of Exal Corporation.”ardaghgroup.com

• 6 sources
• ardaghgroup.comFood & Specialty Metal Packaging to Combine with Exal to form Trivium Packaging (“Trivium”) | Ardagh Group S.A. - Corporate SiteJul 15, 2019
• irishtimes.comArdagh to repay some of its $8bn debt following Exal deal – The Irish TimesJul 15, 2019
• canmaker.comTrivium to be formed from merger of Ardagh and Exal canmaking businesses - The CanmakerJul 15, 2019
• sec.govArdagh Group S.A. Form 6-K filed July 15, 2019Jul 15, 2019
• loyensloeff.comLoyens & Loeff advises Ontario Teachers' | Loyens & LoeffJul 23, 2019

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