# Silgan clears US antitrust review for $900M purchase of Albea dispensers unit

The US Federal Trade Commission has approved Silgan's $900 million purchase of the dispenser and tube business of French cosmetics packaging firm Albea, which Silgan expects to add $20 million in annual earnings.

- Type: Acquisition
- Announced: 2020-04-06
- Value: $900.0M
- Status: announced
- Products: cosmetic dispensers, cosmetics packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

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

## Sources

- [canmaker.com](https://canmaker.com/silgan-clears-regulatory-hurdle-for-900m-purchase-of-albea-unit/), 2020-04-06: "The Federal Trade Commission granted approval of the US$900 million deal, which the Connecticut-based canmaker expects will reap an annual $20m boost."

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