Ball Corporation has acquired an 80% majority stake in Benepack's European aluminum beverage can production facilities in Genk, Belgium and Hungary for around EUR 184 million. Ball plans to hire over 40 new employees.
US-based Ball Corporation may take an 80% stake in Benepack's European beverage can business, including the majority of the Makó, Hungary plant, for EUR 184 million. Closing is expected in Q1 2026.
Ball Corporation agreed to buy an 80 percent stake in Benepack's beverage can businesses, which have plants in Belgium and Hungary, for about 184 million EUR; closing is expected in Q1 2026.
Ball Corporation is reportedly in ongoing negotiations with Chinese owner Cofco to acquire Belgian can manufacturer Benepack, whose Genk site began production in 2020, with no deal yet signed.