# Silgan completes acquisition of Albéa's pump, metal and Brazil businesses

Silgan Holdings has completed the acquisition of Albéa's pump manufacturing, metal conversion (Covit in Europe and the US) and Brazil operations. Albéa retains its tubes, rigid cosmetic packaging and beauty solutions businesses, and a transition services agreement was signed.

- Type: Acquisition
- Announced: 2020-06-02
- Value: $900.0M
- Status: completed
- Products: dispensing pumps, metal components, foam and sample packaging solutions
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

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

## Sources

- [brazilbeautynews.com](https://www.brazilbeautynews.com/silgan-conclui-a-aquisicao-das-atividades-bombas,3699), 2020-06-02: "Esta aquisição é uma mudança transformadora para a Silgan Dispensing"
- [canmakingnews.com](https://www.canmakingnews.com/issues/world-news/silgan-buys-albeas-dispensing-unit-expanding-closures-business/), 2020-06-03: "Silgan Holdings Inc. have recently completed the acquisition of the Albéa Group’s dispensing business for $900 million."

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