Crown Holdings Receives Formal Approval of Mivisa Acquisition

Views tracker viewed for user
Crown Holdings's picture
Printer-friendly versionPrinter-friendly version

Philadelphia, PA - April 14, 2014. 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.

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.

About Crown Holdings, Inc.
Headquartered in Philadelphia, PA, Crown Holdings, Inc. (NYSE: CCK) is a leading manufacturer of packaging products for consumer marketing companies around the world. Crown makes a wide range of metal packaging for food, beverage, household and personal care and industrial products and metal vacuum closures and caps. As of December 31, 2013, the Company operated 147 plants located in 40 countries, employing 21,335 people.

Cautionary Note Regarding Forward-Looking Statements
Except for historical information, all other information in this press release consists of forward-looking statements. These forward-looking statements involve a number of risks, uncertainties and other factors, including the Company's ability to close the transaction on April 23, 2014, or at all. Important factors that could cause the statements made in this press release or the actual results of operations or financial condition of Crown to differ are discussed under the caption "Forward Looking Statements" in Crown's Form 10-K Annual Report for the year ended December 31, 2013 and in subsequent filings made prior to or after the date hereof. Crown does not intend to review or revise any particular forward-looking statement in light of future events.

For more information, contact:

Thomas A. Kelly, Senior Vice President and Chief Financial Officer, (215) 698-5341, or
Thomas T. Fischer, Vice President, Investor Relations and Corporate Affairs, (215) 552-3720.

News Source : Crown Holdings Receives Formal Approval of Mivisa Acquisition
Copy this html code to your website/blog to embed this press release.

Press Release

Syndicate content
Post date
01/11/2016 - 20:38 Crown To Build New Specialty Beverage Can Plant In Tioga County, NY
12/22/2015 - 06:45 CROWN Partners with Former Shark Tank Contestant Victoria's Kitchen To Win Gold in 2015 Global Packaging Design Awards
12/21/2015 - 05:16 Crown Offers A Taste Of The Future Of Packaging At ProSweets 2016
12/18/2015 - 22:11 In Search of the Perfect Christmas Gift
12/18/2015 - 22:01 Crown Partners with Former Shark Tank Contestant Victoria’s Kitchen To Win Gold in 2015 Global Packaging Design Awards
12/17/2015 - 16:46 Crown Demonstrates Expansion, Innovation And Perpetual Progress With Release Of Third Sustainability Report
11/10/2015 - 11:34 Crown Launches Cutting-Edge Solutions At BrauBeviale 2015
11/03/2015 - 10:50 Mike Hess Brewing introduces its “Open Mike”—the beer can with a pull tab that removes the entire lid, a first in California
09/30/2015 - 20:49 Crown Recognizes Five Plants For Sustainability Successes
09/23/2015 - 13:17 Crown Holdings Schedules Third Quarter 2015 Earnings Conference Call
09/23/2015 - 11:24 Crown And BrewDog Bring Scottish Craft Beer To Cans
09/22/2015 - 11:43 Crown Expands Intelligent Seamer Monitoring Technology
08/25/2015 - 03:00 Celebration For All With Specialty Beverage Cans
07/23/2015 - 08:16 Crown Focuses on Optimization in Brazil
07/15/2015 - 13:25 Crown Aerosol Plants Achieve SQF Certification
06/16/2015 - 08:04 The Sixth Sense of Packaging
06/10/2015 - 08:18 Crown Expands Slim Beverage Can Capacity In Thailand
06/08/2015 - 12:56 Crown And Mother Earth Brew Co. Win IMDA 2015 Best Of Category Award, Craft Cans, For Honcho Hefeweizen
04/20/2015 - 13:18 Earth Day: Food Waste Facts
04/15/2015 - 07:34 Luxury Hair Products Right At Home
Copy and paste this code to display this page on your website .
Syndicate content