Buffalo, New York 10/28/2009 8:25:00 AM
News / Business

BWAY Corporation Completes the Acquisition of Assets and Certain Liabilities of Ball Corp.'s Plastic Packaging Plant and Business

 

BWAY Holding Company's (NYSE: BWY) operating subsidiary BWAY Corporation, has completed the acquisition of the assets and certain liabilities of Ball Corporation's (NYSE: BLL) plastic packaging plant and business. The plant is located outside of Atlanta in Newnan, Ga. The facility produces injection molded plastic pails and other products. The company paid about $32.0 million for the acquisition and funded the transaction with cash on hand.

 

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About BWAY Holding Company

BWAY Holding Company is a leading North American supplier of general line rigid containers. The Company operates 20 plants (excluding announced plant closures) throughout the United States and Canada serving industry leading customers on a national basis.

 

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