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Ardagh Group agreed to buy Anheuser-Busch's Longhorn Glass manufacturing facility in Houston, which supplies bottles to A-B's Houston brewery, with a long-term supply agreement and planned furnace modernisation. Parcrest Advisors acted as exclusive advisor to the seller.
“The transaction is comprised of the outright sale of the glass packaging operations combined with a long-term supply agreement between Ardagh and Anheuser-Busch.”prnewswire.com
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