# Ardagh and Teachers' fund reportedly plan sale of Trivium Packaging joint venture

Ardagh Group and a Canadian teachers' fund reportedly plan to sell their food and speciality metal cans joint venture Trivium Packaging next year, with Citigroup and Evercore hired as advisers. The enterprise value could exceed $4 billion.

- Type: Acquisition
- Announced: 2021-12-21
- Value: $4.00B
- Status: rumored
- Products: food cans, speciality metal cans
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Trivium Packaging](https://endata.com/companies/2160.md) (target)
- [Ardagh Group](https://endata.com/companies/2162.md) (partner)
- [Ontario Teachers' Pension Plan](https://endata.com/companies/2614.md) (partner)
- [Citigroup](https://endata.com/companies/8733.md) (partner)
- [Evercore](https://endata.com/companies/8734.md) (partner)

## Sources

- [irishtimes.com](https://www.irishtimes.com/business/manufacturing/ardagh-reportedly-eyeing-sale-of-food-cans-joint-venture-1.4761410), 2021-12-21: "Paul Coulson's Ardagh Group and a Canadian teachers' fund plan to put their food and speciality metal cans joint venture on the market next year"

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