Industry News, Mergers and Acquisitions, Printers News

Crown Acquires Helvetia Packaging, Expands Footprint into Germany

The acquisition of the Saarlouis facility will expand Crown's European beverage can platform by approximately one billion units of annual can capacity.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Crown Holdings, Inc. announced the acquisition of Helvetia Packaging AG, a beverage can and end manufacturing facility in Saarlouis, Germany. The acquisition of the Saarlouis facility will expand Crown’s European beverage can platform to Germany with approximately one billion units of annual can capacity. At closing, and as part of the agreement, Crown will assume the existing Helvetia customer base and accompanying contracts. The unmatched sustainability benefits and infinite recyclabi...

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