Metals & Mining M&A » By The Online Investor Staff, updated Sun., Jan. 29, 6:07 PM
Recent mergers and acquisitions in the Metals & Mining M&A category.
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Slide #18. Crown Holdings, Inc. — Mivisa Envases, SAU
Acquirer:
Crown Holdings, Inc. (NYSE:CCK)
Acquiree:
Mivisa Envases, SAU
Details:
Crown Holdings, Inc. (NYSE: CCK), a global leader in consumer packaging, today announced that the European Commission has formally approved its acquisition of Mivisa Envases, SAU, a leading Spanish manufacturer of two- and three-piece food cans and ends. The Commission previously granted approval of the acquisition subject to certain conditions and commitments, which have now been satisfied.
Crown Holdings is engaged in the design, manufacture and sale of packaging products for consumer goods and industrial products. Co.'s consumer packaging solutions primarily support the beverage and food industries through the sale of aluminum and steel cans. Co.'s packaging for industrial products includes steel and plastic consumables and equipment, paper-based protective packaging, and plastic film consumables and equipment, which are sold into the metals, food and beverage, construction, agricultural, corrugated and general industries. Co. has the following reportable segments: Americas Beverage, European Beverage, Asia Pacific and Transit Packaging.
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Avg. Broker Rec.
 
|
Buy (3.16 out of 4) 36th percentile
(ranked lower than approx. 64% of all stocks covered)
Analysts' Target Price: CCK Stock Forecast Based on Zacks ABR data; powered by Xignite |
