Ball to acquire a 80% stake in the beverage can manufacturing businesses from Benepack for €184m.

Ball, a producer of glass jars, lids, and related products used for home canning, agreed to acquire a 80% stake in the beverage can manufacturing businesses of Benepack, a regional producer from aluminum beverage cans, for €184m. "Benepack's plants in Belgium and Hungary are well positioned to serve a growing base of beverage customers across Europe. This investment further optimizes our European manufacturing network, supports long-term volume and EVA dollar growth with key customers and reinforces aluminum beverage cans as a sustainable, scalable packaging choice," Ron Lewis, Ball Corporation Chief Executive Officer.