Ball to acquire majority stake in Benepack
This story was originally published on Packaging Dive. To receive daily news and insights, subscribe to our free daily Packaging Dive newsletter. Dive Brief: Ball has entered agreements to acquire a majority stake in China-based beverage can manufacturer Benepack. The deal will include Benepack’s two European production sites: one in Belgium and another in Hungary. Ball intends to buy an 80% stake worth about 184 million euros ($215.9 million), while existing Benepack shareholders will retain the rema ...