Ball Corporation Acquires Alucan for an Undisclosed Amount

Ball Corporation, a US based global leader in sustainable aluminium packaging solutions, announced on November 4 that it has acquired Alucan. Alucan is a prominent European producer of extruded aluminium aerosol and bottle technology. The deal was finalized on October 31, and it strengthens Ball's position in the sustainable packaging market and expands its reach across Europe.

 The specifics of the deal are still under wraps.

This strategic acquisition complements Ball's existing global extruded aluminium aerosol and bottle business. Alucan brings two state-of-the-art manufacturing facilities to the table, located in Llinars del Vallés (Barcelona), Spain, and Lummen, Belgium. These facilities boast cutting-edge technology and a commitment to minimizing environmental impact, aligning perfectly with Ball's dedication to sustainability and operational excellence.

“We are excited to welcome Alucan to Ball,” said Jay Billings, President of Ball Growth Ventures. “Alucan has established a strong reputation as the leading specialty impact-extruded aerosol and bottle producer in Europe. By integrating their expertise, we can offer our customers greater flexibility, innovation, and capacity. This will help them bring new products to market faster and more sustainably, ensuring we remain a trusted partner in driving their success.”

The acquisition fuels Ball's commitment to sustainability in several ways. The company plans to increase recycled content and make Alucan cans lightweight, further reducing their environmental footprint. They would also optimize truck capacity due to the proximity of the new facilities to Ball's customer base, leading to lower CO2 emissions.

This move significantly bolsters Ball's capabilities in the European market. It meets with the growing demand for sustainable packaging solutions across Europe. It supports existing reusable bottle customers with Alucan's large-diameter aerosol can and impact-extruded bottle capabilities. The deal will also diversify Ball's customer base by enabling cross-selling opportunities with food and beverage manufacturers. It will allow Ball to expand bottle offerings to include personal and home care products.

"Acquisition of Alucan is an important step forward for Ball Corporation," the company stated. "It allows us to better serve the growing aerosol and impact-extruded bottle market in Europe, while solidifying our commitment to sustainable aluminium packaging solutions."

About Ball Corporation

Ball Corporation (NYSE: BALL) supplies innovative, sustainable aluminium packaging solutions for beverage, personal

care and household products customers. With this acquisition, Ball's global workforce expands to approximately 16,000 employees.

About Alucan-

Alucan, a company with over four decades of experience, specializes in manufacturing single-piece aluminum packaging solutions. Catering to diverse industries like food, pharmaceuticals, cosmetics, and technical sectors, Alucan exports its products globally, supported by a robust international sales network.