Huber Packaging Group will acquire Crown general line tinplate packaging locations in Switzerland (Aesch), Finland (Helsinki), Great Britain (Liverpool) and France (Rouen), as soon as the local and European consultation procedures (if applicable) and necessary formalities have been completed. The acquisition is scheduled to close by the end of the first quarter of 2015.
The parties have agreed not to disclose information about financial details and purchase price.
“With this acquisition, we are actively pushing ahead with the consolidation of the European tinplate packaging market and are significantly expanding our position in the chemical-technical tinplate packaging business within Europe,” says Thomas H. Hagen, chairman of the management board of Huber Packaging Group.
