Crown Holdings to acquire Helvetia Packaging beverage can plant in Saarlouis, Germany

Crown Holdings announced the acquisition of Helvetia Packaging AG's beverage can and end manufacturing facility in Saarlouis, Germany, adding about one billion units of annual can capacity. Completion is expected by the end of 2023, subject to German antitrust approval.

“The acquisition of the Saarlouis facility will expand Crown's European beverage can platform to Germany with approximately one billion units of annual can capacity.”crowncork.com

• 3 sources
• crowncork.comCrown Expands Beverage Can Footprint Into Germany With Acquisition of Helvetia Packaging | CrownAug 3, 2023
• dechert.comDechert Advises Crown Holdings on Its Acquisition of Helvetia PackagingAug 4, 2023
• euwid-verpackung.deBundeskartellamt: Grünes Licht für Übernahme von Helvetia Packaging durch CrownSep 11, 2023

Summarized from public sources; check the original articles before acting on it.