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Acquisition of Leone Industries by Ardagh Group

Post Time:Mar 28,2012Classify:Industry NewsView:167

Luxembourg based Ardagh Group today announced that it 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 was founded in 1966 and 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 state of the art facility in Bridgeton, New Jersey.

"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."

Niall Wall, Ardagh Group CEO

Ardagh Group is a global leader in rigid packaging, producing metal and glass packaging solutions for most of the world's leading food, beverage and consumer care brands. It operates 91 manufacturing plants in 25 countries, employs approximately 15,000 people and has global sales in excess of Eur 3.5 billion. Customers include, Heineken, Coca Cola, ABInbev, Diageo, Pernod Ricard, Bacardi Martini, Heinz, Nestlé, Danone, Unilever, Procter and Gamble, L'Oréal and many more international brands.

Source: http://www.glassonweb.com/news/index/15458/Author:

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