Crown Holdings, Inc. has successfully finalized its previously disclosed purchase of Helvetia Packaging AG, a beverage can and end manufacturing facility located in Saarlouis, Germany.

This acquisition includes the transfer of Helvetia's existing customer base, associated contracts, and a workforce of 200 employees. With the integration of this facility, Crown extends its European beverage can platform into Germany, adding approximately one billion units of annual capacity. This strategic move positions Crown to meet the increasing demand for infinitely recyclable beverage cans in the market.

Source:prnewswire.com