{"id":10775,"date":"2025-12-12T03:52:33","date_gmt":"2025-12-12T08:52:33","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=10775"},"modified":"2025-12-12T03:52:33","modified_gmt":"2025-12-12T08:52:33","slug":"ball-buys-majority-stake-in-benepacks-european-beverage-can-unit","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=10775","title":{"rendered":"Ball buys majority stake in Benepack\u2019s European beverage can unit\u00a0"},"content":{"rendered":"


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Ball Corporation provides aluminium packaging for beverage, personal care as well as household products. Credit: JHVEPhoto \/ Shutterstock.com <\/figcaption><\/figure>\n<\/p><\/div>\n

Ball Corporation has agreed to acquire an 80% interest in Benepack\u2019s European beverage can manufacturing operations for \u20ac184m ($216m).\u00a0<\/p>\n

The US-based aluminium packaging manufacturer stated that the deal covers two production facilities, one in Belgium and one in Hungary.\u00a0<\/p>\n

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Benepack shareholders will retain the remaining 20% ownership.\u00a0<\/p>\n

Completion of the transaction is anticipated in the first quarter of 2026.\u00a0<\/p>\n

Benepack supplies aluminium beverage cans to multinational and domestic drinks companies across Western and Eastern Europe.\u00a0<\/p>\n

The proposed consideration reflects the strategic fit and geographic complementarity of Benepack\u2019s operations.\u00a0<\/p>\n

Ball Corporation CEO Ron Lewis commented: \u201cBenepack\u2019s plants in\u202fBelgium\u202fand\u202fHungary\u202fare well-positioned to serve a growing base of beverage customers across\u202fEurope. This investment further optimises our European manufacturing network, supports long-term volume and economic value-added dollar growth with key customers and reinforces aluminium beverage cans as a sustainable, scaleable packaging choice.\u201d\u00a0<\/p>\n

All necessary regulatory approvals have already been secured.\u00a0\u00a0<\/p>\n

The transaction is still subject to standard closing conditions specified in the purchase agreements.\u00a0<\/p>\n

Ball Corporation provides aluminium packaging for beverages, personal care and household products.\u00a0\u00a0<\/p>\n

The company has a global workforce of 16,000 and reported 2024 net sales of $11.8bn, excluding its previously divested aerospace division.\u00a0<\/p>\n

In November 2025, it unveiled plans to invest<\/a> $60m to expand production capacity at its manufacturing facility in Sri City, in the Indian state of Andhra Pradesh.\u202f\u00a0<\/p>\n

This followed a near-$55m commitment by the company in 2024 to expand its can manufacturing plant in Taloja, Maharashtra.\u202f\u00a0<\/p>\n

In November 2025, the company appointed<\/a> Ronald J. Lewis as CEO and board member, replacing Daniel W Fisher.\u00a0\u00a0<\/p>\n

The board has also elected Stuart A Taylor II as chairman, while Daniel J Rabbitt has been appointed as chief financial officer (CFO) after serving as interim CFO since May 2025.\u202f\u00a0<\/p>\n

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