Who took over Rexam?
BROOMFIELD, Colo., June 30, 2016 /PRNewswire/ — Ball Corporation (NYSE: BLL) today announced the completion of its acquisition of Rexam PLC for approximately $6.1 billion of cash and equity, plus the assumption of approximately $2.4 billion of net debt, making Ball the largest manufacturer of beverage cans in the …
Who owns Rexam?
Ball CorporationBall UK Acquisition Limited
Rexam/Parent organizations
What happened to Rexam?
After spending much of its life as a paper producer known as Bowater, it diversified and became a leading manufacturer of beverage cans. It had 55 plants in over 20 countries across Asia, Europe, North America and South America. In June 2016, Rexam was acquired by Ball Corporation for $8.4 billion.
What happened to Rexam shares?
US drinks can manufacturer Ball Corporation has agreed to acquire British rival Rexam Plc in a deal worth around $6.9bn, or $8.4bn including the assumption of pre-existing debt. The deal, announced in late February, will see Ball pay around $6.27 in cash and 0.04568 new Ball shares for each Rexam share held.
Where is Ball Corporation headquarters?
Broomfield, COBall Corporation / Headquarters
Does Ardagh own ball?
Ardagh is pleased to confirm that, further to its announcement of 25 April, 2016, its acquisition from Ball Corporation and Rexam PLC of certain metal beverage can manufacturing assets and support locations in Europe, Brazil and the United States, was completed today.
What company owns Ball?
Newell Brands
Today, the Ball brand for mason jars and home canning supplies belongs to Newell Brands….Ball Corporation.
| Type | Public company |
|---|---|
| Industry | Packaging, aerospace |
| Founded | 1880 |
| Headquarters | Broomfield, Colorado, U.S. |
| Key people | Dan Fisher (CEO) |
Is Ball a public company?
Ball Corporation is an American company headquartered in Broomfield, Colorado. It is best known for its early production of glass jars, lids, and related products used for home canning….Ball Corporation.
| Type | Public company |
|---|---|
| Website | www.ball.com |
| Footnotes / references |
Is Ball owned by Pepsi?
Aluminum beverage packaging company Ball Corporation and Kroenke Sports & Entertainment announced a new partnership Thursday.
What kind of company is Ball Corporation?
Public company
Ball Corporation is an American company headquartered in Broomfield, Colorado. It is best known for its early production of glass jars, lids, and related products used for home canning….Ball Corporation.
| Type | Public company |
|---|---|
| Industry | Packaging, aerospace |
| Founded | 1880 |
| Headquarters | Broomfield, Colorado, U.S. |
| Key people | Dan Fisher (CEO) |
What does the ball company make?
1956. Ball forms the Ball Brothers Research Corporation. Known today as Ball Aerospace & Technologies Corp. The company produces space systems engineering products, telecommunications technology, electro-optics, and cryogenics materials for government and commercial customers.
How does Ball Corporation make money?
While the 12-ounce can is standard, Balls makes more than 20 varieties of aluminum beverage containers. Specialty packaging makes up 30 percent of the business. The Coke contour bottle came on the scene last year.
Is Ball a good stock to buy?
Ball has received a consensus rating of Hold. The company’s average rating score is 2.33, and is based on 4 buy ratings, 8 hold ratings, and no sell ratings.
Is Ball a private company?
Ball Corporation’s stock went public on July 13, 1972. It became a publicly traded stock company on the New York Stock Exchange in 1973.
What type of company is Rexam PLC?
Rexam PLC. Rexam PLC history, profile and corporate video Rexam PLC. Rexam PLC is a global consumer packaging company. It is organized in three segments for Beverage Cans based on the geographical locations of Europe and Asia, North America and South America, and into one operating segment for Plastic Packaging.
Where are Rex Rexam cans made?
Rexam plc was a British-based multinational consumer packaging company headquartered in London, England. After spending much of its life as a paper producer known as Bowater, it diversified and became a leading manufacturer of beverage cans. It had 55 plants in over 20 countries across Asia, Europe, North America and South America.
How did Rexam benefit from PLM?
It also provided Rexam with a much enlarged presence within Continental Europe, from which only about 12 percent of revenues were derived in 1998. PLM formed the core of a newly created beverage packaging sector.
What happened to Rexam in 1998?
The pruning continued in 1998 and 1999, with the completion of the Octagon disposal program and the selling off of several other businesses. In February 1999 Rexam sold its corrugated packaging division–an operation that comprised the bulk of the company’s industrial packaging sector—ø SCA Packaging International BV for £195 million.