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Ardagh Glass completes acquisition of Impress

Ardagh Glass Group has today (7 December) completed the acquisition of global metal packaging group Impress Coöperatieve U.A. for €1.7 billion ($2.2bn). Both the European and US regulatory authorities have approved the deal to create an enlarged organisation which will be known as Ardagh Group.

Competition helps

The news that can making company Impress is to be acquired by Irish packaging group Ardagh Glass could be good news for the industry. London-based private equity company Doughty Hanson has agreed to sell the shares of Impress Coöperatieve U.A. for €1.7 billion ($2.2bn) to the glass bottle manufacturer. The enlarged business will trade as […]