Ardagh Group’s acquisition of Leone Industries will increase the size of Ardagh’s glass division, and assist the group to expand its US activities into the glass container market.
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, founded in 1966, is a technologically advanced manufacturer of glass containers serving the US food and beverage markets. It produces more than 500 million containers per year at its 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.”
Luxembourg based Ardagh Group is a global leader in rigid packaging, producing metal and glass packaging solutions for 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.