Industry News, Mergers and Acquisitions, Printers News

Ball Completes Sale of Russian Beverage Packaging Business to Arnest Group

Arnest Group has acquired all of Ball Corporation's Russian-based business for $530 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Following the March 2022 decision to divest from the Russian market, Ball Corporation announced that it has completed the sale of its beverage packaging business in Russia to Arnest Group for $530 million. The purchaser, Arnest Group, has acquired all of Ball Corporation’s Russian-based business. “This decision is the result of many months of consideration, delivering a solution that best secures the future of Ball’s colleagues and assets in Russia. We believe this is a soun...

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