M&A Deal Summary

BAE System Acquires Ball - Aerospace Business

On August 17, 2023, BAE System acquired packaging company Ball - Aerospace Business from Ball for 5.6B USD

Acquisition Highlights
  • This is BAE System’s 1st transaction in the Packaging sector.
  • This is BAE System’s largest (disclosed) transaction.
  • This is BAE System’s 17th transaction in the United States.
  • This is BAE System’s 1st transaction in Colorado.

M&A Deal Summary

Date 2023-08-17
Target Ball - Aerospace Business
Sector Packaging
Buyer(s) BAE System
Sellers(s) Ball
Deal Type Divestiture
Deal Value 5.6B USD

Target

Ball - Aerospace Business

Westminster, Colorado, United States
Ball's Aerospace Business provides packaging solutions.

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Buyer(S) 1

Buyer

BAE System

Camberley, United Kingdom

Category Company
Founded 1970
Sector Defense
Employees99,800
Revenue 23.1B GBP (2023)
DESCRIPTION
BAE office in Reston, Virginia.
BAE office in Reston, Virginia.

BAE Systems is a provider of defense and security products and services. From sophisticated cyber services and military support, to mission critical electronic systems and protection equipment, BAE aims to be at the forefront of defense technology and science. BAE Systems was founded in 1970 and is headquartered in Camberley, England.


DEAL STATS #
Overall 26 of 27
Sector (Packaging) 1 of 1
Type (Divestiture) 5 of 5
State (Colorado) 1 of 1
Country (United States) 17 of 17
Year (2023) 1 of 1
Size (of disclosed) 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-12 NetReveal

Farnborough, United Kingdom

NetReveal provides financial crime, risk management, and fraud detection and prevention across banking, financial markets, and insurance via a single platform. The platform is adaptable to the evolving and heterogeneous nature of the financial services sector; to deliver power and flexibility in analytics, investigation, integration, security, and total cost of ownership reduction for customers. Advanced data analytics is at the core. Its analytics engines effectively detect anomalous behavior and are some of the most effective at positive/negative detection and false-positive reduction in the market.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-02 Malloy Aeronautics

Maidenhead, United Kingdom

Malloy Aeronautics designs and supplies all-electric uncrewed aerial systems (UAS) to both civil and military customers. Their range of uncrewed, heavy-lift quadcopters are capable of lifting payloads from 68kg to 300kg over short to medium-range missions. Its platform offers interchangeable capabilities and greater flexibility at a fraction of the cost and time of more traditional methods, whilst minimizing risk to more expensive assets and human life.

Buy -

Seller(S) 1

SELLER

Ball

Westminster, Colorado, United States

Category Company
Founded 1880
Sector Packaging
Employees16,000
Revenue 14.0B USD (2023)
DESCRIPTION
Entrance to Ball Corporation's corporate headquarters in Broomfield, Colorado.
Entrance to Ball Corporation's corporate headquarters in Broomfield, Colorado.

Ball is a supplier of metal packaging to the beverage, food, personal care and household products industries. Ball's packaging products are produced for a variety of end uses and are manufactured in facilities around the world. The Company also provides aerospace and other technologies and services to governmental and commercial customers within our aerospace and technologies segment. Ball was incorporated in 1880 and is based in Westminster, Colorado.


DEAL STATS #
Overall 6 of 6
Sector (Packaging) 5 of 5
Type (Divestiture) 6 of 6
State (Colorado) 2 of 2
Country (United States) 4 of 4
Year (2023) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-11 Tubex Industria E Comercio de Embalagens

Sao Paolo, Brazil

Tubex Industria E Comercio de Embalagens Ltda is an aluminum aerosol packaging business with a plant near Sao Paolo, Brazil.

Buy -