Announced
Financials
Tags
Friendly
Containers and Packaging
Minority
Domestic
Acquisition
Private Equity
metal containers
United States
Pending
Private
Synopsis
A private equity consortium led by Apollo Global Management agreed to acquire a 49.9% stake in the US-based metal container plants from Anheuser-Busch InBev, a multinational drink and brewing company, for $3bn. “Executing an institutional investment of this nature showcases Apollo’s unique ability to cut through complexity and use the strength of our platform to provide world-class companies with scaled, strategic solutions. We are pleased to invest alongside AB InBev in its leading US metal container business, supporting AB InBev’s strategic plans and its employees,” Robert V. Seminara, Apollo Senior Partner and Head of Europe.
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