Ball Corp Expands European Presence With Majority Stake Purchase In Benepack's Can Manufacturing Unit

Ball Corp. (BALL) is making significant strides in strengthening its footprint across Europe through a strategic investment in Benepack’s beverage can production operations. The corporation will acquire an 80% controlling stake in the company’s manufacturing capabilities across the continent for approximately EUR 184 million, with Benepack’s current shareholders maintaining the remaining 20% ownership stake.

Strategic Acquisition Details

The transaction encompasses two operational production facilities—one situated in Belgium and the other in Hungary—giving Ball Corp. enhanced manufacturing capacity to serve its customer base throughout Western and Eastern Europe. Benepack has established itself as a significant regional player in aluminum beverage can production, serving a diverse portfolio of both multinational and regional customers across the European market.

Timeline and Regulatory Status

All necessary regulatory approvals have been successfully obtained for this proposed acquisition, clearing the path forward for execution. The parties expect the transaction to be finalized during the first quarter of 2026, marking a notable expansion move for Ball Corp. in the competitive European beverage packaging sector.

This acquisition underscores Ball Corp.'s commitment to consolidating its manufacturing infrastructure on the continent and improving its competitive positioning within the European beverage can market. By acquiring this majority stake in Benepack’s operations, Ball Corp. gains immediate access to established production facilities and an existing customer network, positioning itself for sustained growth in the region.