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Ardagh acquisition to raise US glass industry share to almost a quarter of the market
date:Jul 21, 2012
The deal, which is subject to regulatory approval, is expected to close at the end of August.

Ardagh said the takeover would increase the size of their glass business by 50% and result in a US glass industry market share of 23%.

Double business size

Paul Coulson, Ardagh chairman, said:The acquisition of Anchor will increase the size of our glass business by almost 50% and is a very significant step in developing our operations in the US.

It will result in approximately 25% of Ardaghs EBITD

12/21 17:55