M&A Deal Summary

Ball Acquires Kerr Group

On November 26, 1991, Ball acquired plastics company Kerr Group for 70M USD

Acquisition Highlights
  • This is Ball’s 1st transaction in the Plastics sector.
  • This is Ball’s 7th largest (disclosed) transaction.
  • This is Ball’s 2nd transaction in the United States.
  • This is Ball’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 1991-11-26
Target Kerr Group
Sector Plastics
Buyer(s) Ball
Deal Type Add-on Acquisition
Deal Value 70M USD

Target

Kerr Group

Lancaster, Pennsylvania, United States
Kerr Group is a leading provider of specialty plastic closure products to the pharmaceutical and food and beverage industries in North America. Kerr designs and manufactures highly engineered, proprietary, injection-molded plastic closures that incorporate functional features such as child resistance and tamper evidence. Kerr is recognized as a market leader in technological innovation.

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Buyer(S) 1

Buyer

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 2 of 13
Sector (Plastics) 1 of 1
Type (Add-on Acquisition) 1 of 12
State (Pennsylvania) 1 of 1
Country (United States) 2 of 7
Year (1991) 1 of 1
Size (of disclosed) 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1990-07-30 Continental Can Company

Norwalk, Connecticut, United States

Continental Can Company, Inc. is a operates as packaging business. It offers metal cans,plastic films and pet food processors.

Buy $65M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-05-29 Continental Can Company

Norwalk, Connecticut, United States

Continental Can Company, Inc. is a operates as packaging business. It offers metal cans,plastic films and pet food processors.

Sell -
Mergr

Product

Company

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