# Ardagh and Exal merge can businesses into Trivium Packaging, jointly controlled with OTPP

Ardagh Group completed the merger of its Food & Speciality can business with Exal Corporation to create Trivium Packaging, jointly controlled by Ardagh and the Ontario Teachers' Pension Plan Board. The deal was completed on 31 October 2019.

- Type: Acquisition
- Announced: 2019-10-31
- Where: Amsterdam, Netherlands
- Value: $2.50B
- Status: completed
- Capacity: 57 production facilities
- Products: metal packaging, aluminum and tin-plate cans
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Trivium Packaging](https://endata.com/companies/2160.md)
- [Exal Group](https://endata.com/companies/2161.md)
- [Exal Group](https://endata.com/companies/2161.md) (partner)
- [Ardagh Group](https://endata.com/companies/2162.md) (partner)
- [Stonebridge Partners](https://endata.com/companies/2163.md) (investor)
- [Ontario Teachers' Pension Plan](https://endata.com/companies/2614.md) (acquirer)
- [Ontario Teachers' Pension Plan](https://endata.com/companies/2614.md) (investor)

## Sources

- [canmaker.com](https://canmaker.com/new-canmaker-trivium-created-as-ardagh-reveals-results/), 2019-10-31: "Ardagh Group today completed the merger of its Food & Speciality can business with Exal Corporation to create a new canmaker, Trivium Packaging."
- [stonebridgepartners.com](https://stonebridgepartners.com/exal-to-combine-with-ardaghs-metal-packaging-business-to-form-trivium-packaging/), 2019-10-31: "Exal Corporation, a leading producer of shaped aluminum containers, has combined with the Food & Specialty Metal Packaging division of Ardagh Group to form Trivium Packaging."
- [packagingmagazine.be](https://packagingmagazine.be/ardagh-en-exal-starten-joint-venture-trivium/), 2019-12-11: "Ardagh behoudt een belang van 43 procent in het nieuw opgerichte Trivium Packaging."

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