# Ardagh completes combination of food and specialty metal packaging into Trivium with Exal

Ardagh completed the combination of its Food & Specialty Metal Packaging business with Exal Corporation to form Trivium Packaging, holding about 43% and receiving $2.5 billion in cash.

- Type: Acquisition
- Announced: 2019-10-31
- Value: $2.50B
- Status: completed
- Products: food metal packaging, specialty metal packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Ardagh Group](https://endata.com/companies/2162.md)
- [Trivium Packaging](https://endata.com/companies/2160.md) (partner)
- [Exal Group](https://endata.com/companies/2161.md) (partner)

## Sources

- [ardaghgroup.com](https://www.ardaghgroup.com/corporate/news-centre/detail/18750/Completion%2Bof%2BFood%2B%2526%2BSpecialty%2BCombination%2Bto%2Bform%2BTrivium%2BPackaging%2B%2528%25E2%2580%259CTrivium%25E2%2580%259D%2529), 2019-10-31: "Ardagh will hold a stake of approximately 43 per cent in Trivium and received $2.5 billion in cash proceeds, subject to customary completion adjustments."

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