Announced
Synopsis
Silgan, a supplier of rigid packaging for consumer goods products, agreed to acquire the dispensing business of Albea, a France-based manufacturer of beauty products packaging, for $900m. "This proposed acquisition would significantly enhance the scope and breadth of our market leading closures franchise by bringing new products and capabilities in the highly engineered dispensing category, such as fine lotion dispensing solutions for skin care," Tony Allott, Silgan Chairman and CEO.
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