# 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.

- Type: Acquisition
- Announced: 2023-08-03
- Where: Saarlouis, Germany
- Status: announced
- Capacity: approximately one billion cans per year
- Products: beverage cans, can ends
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Crown](https://endata.com/companies/535.md) (acquirer)
- [Helvetia Packaging](https://endata.com/companies/7578.md) (target)

## Sources

- [crowncork.com](https://www.crowncork.com/news/crown-expands-beverage-can-footprint-germany-acquisition-helvetia-packaging), 2023-08-03: "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."
- [dechert.com](https://www.dechert.com/knowledge/news/2023/8/dechert-advises-crown-holdings-on-its-acquisition-of-helvetia-pa.html), 2023-08-04: "The transaction is subject to approval by German anti-trust authorities and is expected to be completed by the end of 2023."
- [euwid-verpackung.de](https://www.euwid-verpackung.de/news/unternehmen/bundeskartellamt-gibt-gruenes-licht-fuer-kauf-von-helvetia-packaging-durch-crown-110923/), 2023-09-11: "Das Bundeskartellamt hat die Übernahme des Herstellers von Getränkedosen und Dosenenden Helvetia Packaging AG durch den US-amerikanischen Verpackungskonzern Crown Holdings Inc. genehmigt."

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