Approval of Mivisa acquisition for Crown

Crown Holdings has 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.

The transaction is expected to close on April 23, 2014.

Primarily serving the vegetable, fruit, fish and meat segments, Mivisa, based in Murcia, Spain, is the largest food can producer in both the Iberian Peninsula and Morocco.

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