Ardagh Group has received US regulatory approval and completed the acquisition of Anchor Glass Container Corporation.
It has bought US-based Anchor from private investment funds managed by Wayzata Investment Partners LLC in a deal costing $880 million (€721 million).
Anchor is headquartered in Tampa, Florida and is a manufacturer of glass containers serving the North American food and beverage industries.
Anchor is the third largest glass container manufacturer in the US. It produces approximately 5.6 billion containers annually from its eight facilities, employs 2700 people and has annual revenues of $800 million (€656 million).
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 product brands.
It operates 100 manufacturing plants in 25 countries, employs approximately 17,700 people and has global sales of €4.1 billion.
