# Crown Holdings completes sale of European tinplate business to KPS Capital Partners

Crown Holdings completed the sale of its European Tinplate business, with 44 facilities in 17 countries, to KPS Capital Partners, retaining a 20% ownership stake.

- Type: Acquisition
- Announced: 2021-08-31
- Jobs: 6,300
- Status: completed
- Products: food cans, aerosol cans, metal closures, promotional packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

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

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/crown-holdings-completes-sale-of-its-european-tinplate-business-301365308.html), 2021-08-31: "Crown Holdings, Inc. (NYSE: CCK) (Crown), announced today that it has completed the previously announced sale of its European Tinplate business to KPS Capital Partners, LP."
- [homburger.ch](https://www.homburger.ch/de/aktuell/homburger-advised-crown-holdings-on-sale-of-its-european-tinplate-business-to-kps-capital-partners/), 2021-09-07: "On August 31, 2021, Crown Holdings, Inc. (NYSE: CCK) announced that it has completed the previously announced sale of its European Tinplate business to KPS Capital Partners, LP."

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