Industry News, Mergers and Acquisitions, Printers News

Ball Corporation to Sell US Steel Food and Steel Aerosol Assets

Forms Ball Metalpack JV with Platinum Equity.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Ball Corporation and Platinum Equity announced that they have entered into joint venture and definitive purchase agreements to form Ball Metalpack, a new packaging company that manufactures steel containers for aerosol products, food, household consumables, pet food, nutritional and other products in the US. Platinum Equity will own 51% of Ball Metalpack and Ball Corporation will own 49%.   Ball Corporation will contribute its US steel food and aerosol packaging manufacturing assets to the joi...

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