February 23: Leading US food can manufacturer Silgan is moving into Europe with the expected acquisition of Amcor’s White Cap closures business.

The move worth 230 million euros ($280m) will complete Silgan’s acquisition of metal closure businesses on both sides of the Atlantic that were originally run by Schmalbach-Lubeca. An agreement was signed yesterday.

Amcor White Cap based in Hanover supplies customers in the food and drinks business worldwide with closures worth about 246m euros ($300m) a year. It has 10 manufacturing plants in Europe, Asia Pacific and South America.

To continue reading,
please login or subscribe to The Canmaker

Previous articleShake up for quality canned foods
Next articleRexam keeps ahead of aluminium price rises