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New Deal


Announced

Completed

Ardagh completed the acquisition of Consol Glass for $1bn.

Financials

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Transaction Value£750m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales1.8x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

glass

Friendly

Glass

South Africa

Private

Single Bidder

Acquisition

Majority

Completed

Synopsis

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Ardagh, a supplier of infinitely recyclable metal and glass packaging, completed the acquisition of Consol Glass, a supplier of glass packaging, for $1bn. "We are delighted to have completed this strategic acquisition. By combining Ardagh's global reach with Consol's know-how on the African continent, we are very well-positioned to partner with our customers to meet the growing consumer demand in Africa for premium, sustainable glass packaging," Paul Coulson, Ardagh Chairman and CEO.

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