Ardagh Group acquires Leone Industries
Luxembourg based Ardagh Group has acquired US based Leone Industries from the Leone family. The acquisition of Leone Industries will increase the size of Ardagh’s glass division by approximately 10%.
Luxembourg based Ardagh Group has acquired US based Leone Industries from the Leone family. The acquisition of Leone Industries will increase the size of Ardagh’s glass division by approximately 10%.
Leone Industries is a technologically advanced manufacturer of glass containers serving the US food and beverage markets. It produces more than 500 million containers per annum from its facility in Bridgeton, New Jersey.
Niall Wall, Ardagh Group CEO, said: “We are very pleased to have completed the acquisition of Leone Industries which will assist us to expand our US activities into the glass container market. It is an important step in developing our international glass franchise and will add scale and value to our business.”
Source: Ardagh Group
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