Albéa and Silgan sign an agreement
Albéa and Silgan
Silgan and Albéa have entered into a binding offer for Silgan to acquire Albéa’s global Dispensing Systems business as well as its Metal and Brazil clusters.
If confirmed, this combination would leverage the two group’s complementary business strategies and markets, with Silgan Closure’s segment focused on food, beverage, home care and personal care and Albéa Dispensing Systems focused on beauty and skin care.
It would also allow Albéa to focus its resources and strategic ambitions on its Tubes, Cosmetic Rigid Packaging and Beauty Solutions businesses and leadership positions.
The proposed operation is subject to standard regulatory processes.