In 2022, Sonoco acquired Ball Metalpack for roughly $1.4 billion. Ball Metalpack is one of the largest producers of steel tinplate food containers and aerosol cans, with roughly all of its sales ...
Ball sold 51% of its steel food and aerosol assets in 2018 to form Ball Metalpack, which it then sold to Sonoco in 2022. Ball's capacity expansion plans should amplify the firm's growth prospects.
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