Arnest Group completed the acquisition of the Russian beverage packaging business of Ball for $530m.

Arnest Group, a manufacturer of perfume, cosmetic and household products in aerosol packaging, completed the acquisition of the Russian beverage packaging business of Ball, a supplier of innovative, sustainable aluminum packaging solutions, for $530m. "This decision is the result of many months of consideration, delivering a solution that best secures the future of Ball's colleagues and assets in Russia. We believe this is a sound outcome for Ball in these geo-political circumstances," Dan Fisher, Ball President and CEO.