Europe's Boxal group to be acquired by Ardagh

European aluminium canmaking group Boxal is to be sold by its parent Exal to Ardagh in a deal worth about €85 million (US$111m).

The acquisition will give Ardagh a presence in a premium business with customers in the cosmetics, pharmaceutical and drinks sectors. Boxal has two plants making monobloc aerosol cans and bottles, along with aluminium slug making facilities.


To continue reading,
please login or subscribe to The Canmaker

Recent Articles