Industry News, Mergers and Acquisitions, Printers News

Ball Completes Acquisition of Brazilian JV

Latapack-Ball Embalagens Ltda. supplies beverage cans and ends to Brazilian market.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Ball Corporation completed its acquisition of the remaining 39.9% minority interest in Latapack-Ball Embalagens Ltda., which supplies beverage cans and ends to the local Brazilian market.     Latapack-Ball was founded in 1995 and was one of the most successful joint ventures in Ball’s history. Approximately 5.7 million Ball common shares were issued to the main joint venture partner, Participações Industriais do Nordeste S.A. (PIN), for its controlling ownership in Latapack S.A., equivalent to...

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