Ball to Acquire Aerocan S.A.S. for EUR 221M

Ball Corporation BLL announced today that it has signed a definitive agreement with Barclays Private Equity to acquire Aerocan S.A.S. for approximately euro 221 million inclusive of debt and other liabilities. Aerocan manufactures aluminum aerosol cans and bottles, and aluminum slugs used to make them, for customers in the personal care, pharmaceutical, beverage and food industries. It operates three aerosol can manufacturing plants – in Velim, Czech Republic; Bellegarde, France; and Devizes, United Kingdom – and is a 51 percent owner of a joint venture aluminum slug plant in Beaurepaire, France. The four plants employ approximately 480 people.