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Ball Metalpack is projected to generate approximately $850 million in revenue and $111 million of adjusted EBITDA in 2021.
December 21, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
Dec. 21, 2021 www.sonoco.com Sonoco announced it has entered into a definitive agreement to acquire Ball Metalpack, a leading manufacturer of sustainable metal packaging for food and household products and the largest aerosol producer in North America, for $1.35 billion in cash before taking into consideration tax benefits with an estimated net present value of approximately $180 million. Ball Metalpack is a joint venture owned by Platinum Equity (51%) and Ball Corporation (49%). Previously ...
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