The purchase of Spain’s leading canmaking company Mivisa by a consortium led by US-based private equity group Blackstone has been cleared by the European Union’s antitrust body.
Owned by CVC Capital Partners since 2005, Mivisa is the third-largest manufacturer of food cans in Europe. Based in Murcia, it sells food cans in Portugal, France, Netherlands, and Morocco and easy-open ends worldwide, with sales of around 520 million euros (US$687m).
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