Announced

Completed

ORG completed the acquisition of a 41% stake in Ball United Arab Can Manufacturing from Ball for $70m.

Synopsis

ORG Technology, a comprehensive packaging solutions provider, completed the acquisition of a 41% stake in Ball United Arab Can Manufacturing, an aluminum beverage cans manufacturer and distributor, from Ball, an American aluminum packaging solutions provider, for $70m. "Today's announcement reflects our continued focus on a disciplined, returns‑oriented portfolio. We are pleased to deepen our relationship with ORG and look forward to collaborating to better serve customers in the Kingdom of Saudi Arabia and across the broader Middle East," Daniel W. Fisher, Ball Chairman and CEO.

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MergerLinks - ORG completed the acquisition of a 41% stake in Ball United Arab Can Manufacturing from Ball for $70m.