UPDATE: Silgan Buys Substantially All Assets Of Van Can, No Terms Disclosed

Silgan Holdings Inc.

, a leading supplier of rigid packaging for shelf-stable food and other consumer goods products, announced today that it has acquired substantially all of the assets and assumed certain specified limited liabilities of Van Can Company, a manufacturer of metal containers in the United States. The acquired business, with sales of approximately $40 million, included two metal container manufacturing facilities. Silgan Holdings is a leading supplier of rigid packaging for shelf-stable food and other consumer goods products with annual net sales of approximately $3.7 billion in 2013. Silgan operates 89 manufacturing facilities in North and South America, Europe and Asia. Silgan is a leading supplier of metal containers in North America and Europe and a leading worldwide supplier of metal, composite and plastic closures for food and beverage products. In addition, Silgan is a leading supplier of plastic containers for shelf-stable food and personal care products in North America.