Market Overview

Ball Corporation to Acquire Extruded Aluminum Packaging Business in Mexico

Ball Corporation (NYSE: BLL) announced today that it has entered into agreements to acquire Envases del Plata S.A. de C.V., a leading extruded aluminum aerosol packaging producer with a manufacturing facility in San Luis Potosi, Mexico, and to form a new joint venture in Argentina that will combine Ball's and Envases del Plata Group's aerosol packaging operations in Argentina and in Brazil. The acquisition is expected to close by the end of October 2012, subject to customary closing conditions and regulatory approvals.

"These actions are consistent with our Drive for 10 strategy to broaden

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Posted-In: News Guidance Management M&A Global

 

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