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Ardagh to acquire Verallia North America

Ardagh Group, a global leader in glass and metal packaging, is to purchase Verallia North America from Compagnie de Saint-Gobain for approximately US$1.7bn (€1.275bn).  The transaction is subject to US regulatory approval and is expected to close later this year.

VNA, which has its headquarters in Muncie, Indiana, is the second largest glass container manufacturer in the US, serving the North American wine, food and beverage industries.  It produces approximately 9bn containers annually from its 13 facilities located throughout the US and employs approximately 4,400 people. VNA has annual revenues of approximately US$1.6bn (€1.2bn).

After completion of this transaction, Ardagh Group, based in Luxembourg, will operate 113 facilities in 26 countries, employ around 22,000 people and have global sales exceeding €5.4bn. Ardagh’s customers include:  AB InBev, Heineken, Diageo, Pernod Ricard, Bacardi Martini, Danone and Coca Cola.

19 January 2013 - Felicity Murray