Owens-Illinois acquires Bennu Glass

  Mergers, acquisitions & disposals

Bennu Glass, located at the Port of Kalama, WA, US, has been sold to Owens-Illinois, to enhance its capabilities in the growing wine market on the West Coast and the important craft beer market.

Bennuglass
Bennu Glass has been sold to Owens-Illinois
The Bennu Glass wine bottle plant at the Port of Kalama has been sold to Owens-Illinois (O-I), one of the US’ largest glass container companies.
O-I officials said its takeover of Bennu Glass LCC will be seamless, but they declined to say whether the 90-member workforce will change or whether the new owner will make any substantial capital investment in the bottle plant.
“The acquisition enhances O-I’s capabilities in the growing wine market on the West Coast and the important craft beer market,” Owens-Illinois spokesman Ryan McCarthy said in a written statement.
McCarthy said the plant will be renamed O-I Kalama.
Neither side would disclose the purchase price.
The Kalama glass factory produces primarily wine bottles, as well as 22-ounce beer bottles.
As a leading manufacturer in glass containers and packaging products, Owens-Illinois employs about 21,100 people at 75 plants in 21 countries.

Channel: Mergers, acquisitions & disposals

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