competition
One-litre can released in Europe
A new one-litre can has been launched by Rexam in Western Europe. The can maker introduced the two-piece King Can into the German market in March.
Blackstone cleared to buy Mivisa
The European Commission has cleared the purchase of Spain’s leading can making company Mivisa by private equity group Blackstone. Mivisa is a Spanish company that manufactures and supplies metal food cans. Blackstone is a US based global asset manager and provider of financial advisory services.
Ardagh set to buy Italian can maker
Ardagh Group has announced that it has agreed to buy Finanziaria di Partecipazioni Industriali (Fi Par), its first acquisition in the metal packaging sector since it was formed from Ardagh Glass and Impress Holdings last November.
Striking cans for cricket fans
A range of striking cricket-themed promotional cans which feature photo-like images are being manufactured by Rexam in the UK for brand owner A G Barr. Rexam has created eight promotional designs for the 330ml cans used for Rubicon’s Exoctic Fruit Juice drinks, promoting their Love Cricket campaign.
Entries invisited for BAMA’s Can Do awards
The British Aerosol Manufacturers’ Association (BAMA) has announced the launch of its Can Do Awards 2011 in a bid to recognise and reward the best local authority recycling campaigns that includes empty aerosols.
Can industry raises money for charity
A number of US can plants helped collect and recycle approximately 140 million aluminium beverage cans and subsequently raised more than $150,000 (€108,700) for charities across the country. Organised by the Can Manufacturers Institute (CMI), the America Recycles Day Challenge, took place over 76 days and involved can companies and aluminium suppliers.
Blackstone, Dinamia to buy Spanish can maker Mivisa
US based Blackstone Group is leading a consortium of private equity funds which have agreed to buy Spanish can making company Mivisa. No financial details of the acquisition have been disclosed but Dinamia said that as part of the agreement it will pay up to €9.5 million ($12.58m) for a maximum five per cent stake in Mivisa’s parent Sofamen XXI, Reuters reported.
More than 300 jobs to go in Novelis closure
More than 300 jobs will be lost after Novelis confirmed its Bridgnorth foil rolling facility would close by the end of April. The aluminium firm first revealed it was considering closing the operation in September when it launched a 90-day consultation with the 319 employees at the UK site.
Ball signs wine-in-can agreement with Australian company
Ball Packaging Europe has signed an exclusive contract to manufacture and supply cans using Barokes Wines’ Vinsafe packaging process for wine in a can. Canned wines are currently experiencing double-digit growth in Europe and are becoming increasingly attractive to wine growers looking to reach younger consumers.
Ardagh Glass completes acquisition of Impress
Ardagh Glass Group has today (7 December) completed the acquisition of global metal packaging group Impress Coöperatieve U.A. for €1.7 billion ($2.2bn). Both the European and US regulatory authorities have approved the deal to create an enlarged organisation which will be known as Ardagh Group.
Competition helps
The news that can making company Impress is to be acquired by Irish packaging group Ardagh Glass could be good news for the industry. London-based private equity company Doughty Hanson has agreed to sell the shares of Impress Coöperatieve U.A. for €1.7 billion ($2.2bn) to the glass bottle manufacturer. The enlarged business will trade as […]