# Silgan Holdings to acquire Albea's dispensing business for $900m

Silgan Holdings signed a binding offer to acquire the dispensing business of Albea for $900 million, adding engineered pumps, sprayers and foam dispensing solutions for personal care. Completion is subject to regulatory approvals and is expected in the first half of 2020.

- Type: Acquisition
- Announced: 2020-01-28
- Value: $900.0M
- Status: announced
- Products: engineered pumps, sprayers, foam dispensing solutions, fine mist pumps, lotion pumps, closures
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Silgan Holdings](https://endata.com/companies/790.md) (acquirer)
- [Albéa](https://endata.com/companies/3041.md) (target)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/silgan-albea-dispensing-business/), 2020-01-28: "Silgan Holdings has signed a binding offer to acquire Albea's dispensing business in a $900m deal."

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