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Crown Holdings completed its acquisition of Helvetia Packaging AG, a beverage can and end manufacturing facility in Saarlouis, Germany. The deal adds about one billion units of annual can capacity and assumes 200 current employees.
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.
Helvetia Packaging is increasing capacity by 30% at its aluminium can manufacturing facility in Saarlouis, Germany, this year. The plant previously had a maximum capacity of around 1.2 billion cans and ends per year.
