# KPS Capital Partners to acquire Crown's EMEA food and consumer packaging business for EUR 2.25B

KPS Capital Partners signed a definitive agreement to acquire Crown Holdings' EMEA food, aerosol and promotional packaging business for EUR 2.25 billion, with Crown keeping a 20% stake. Closing is expected in the third quarter of 2021.

- Type: Acquisition
- Announced: 2021-04-08
- Value: $2.70B (2.25B EUR)
- Status: announced
- Products: steel and aluminum food packaging, aerosol packaging, promotional packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Crown](https://endata.com/companies/535.md) (target)
- [KPS Capital Partners](https://endata.com/companies/1184.md) (acquirer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/kps-capital-partners-to-acquire-emea-food-and-consumer-packaging-business-from-crown-holdings-301265473.html), 2021-04-08: "KPS Capital Partners, LP ("KPS") today announced that it has signed a definitive agreement to acquire the Europe, Middle East and Africa food, aerosol and promotional packaging business."

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