16 Jul 2019 --- Ardagh has announced that it has entered into an agreement to combine its Food & Specialty Metal Packaging business (“Food & Specialty”) with the business of Exal, a leading producer of aluminum containers, to form Trivium Packaging. The combining companies aim to establish “a global leader in metal packaging.” Ardagh reports that it will put the estimated US$2.5 billion that it is due to earn from the combination with Exal towards its US$8 billion debt.
