M&A Deal Summary

Ball Acquires US Can

On February 15, 2006, Ball acquired manufacturer US Can from Berkshire Partners for 550M USD

Acquisition Highlights
  • This is Ball’s 2nd transaction in the Manufacturing sector.
  • This is Ball’s 4th largest (disclosed) transaction.
  • This is Ball’s 6th transaction in the United States.
  • This is Ball’s 2nd transaction in Illinois.

M&A Deal Summary

Date 2006-02-15
Target US Can
Sector Manufacturing
Buyer(s) Ball
Sellers(s) Berkshire Partners
Deal Type Add-on Acquisition
Deal Value 550M USD

Target

US Can

Lombard, Illinois, United States
Manufacturer of steel and plastic containers.

Search 215,058 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Ball

Westminster, Colorado, United States

Category Company
Founded 1880
Sector Packaging
Employees16,000
Revenue 11.8B USD (2024)
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 14
Sector: Manufacturing M&A 2 of 2
Type: Add-on Acquisition M&A Deals 5 of 12
State: Illinois M&A 2 of 2
Country: United States M&A 6 of 7
Year: 2006 M&A 2 of 2
Size (of disclosed) 4 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-02-15 Ball - Paint and General Line Plant

Hubbard, Ohio, United States

Ball Corp. - Paint and General Line Plant is a manufacture a variety of tinplate paint and general line cans. The Hubbard plant employs approximately 70 people and is based at Hubbard, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-16 Jianlibao Co.

Foshan City, China

Jianlibao Company limited engages in the manufacturing and marketing of Soft drinks.

Buy $90M

Seller(S) 1

SELLER

Berkshire Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 16.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Berkshire Partners is a private equity firm focused on investing in businesses with strong management and that lead their respective markets. Berkshire will consider investments in both public and private companies. Prospective transactions for private companies include leveraged buyouts, recapitalizations, growth capital financings, and privatizations. Public company transactions include take-privates, PIPEs, and equity stakes. Berkshire generally looks to invest $150 to $500 million of equity capital per transaction in companies valued up to $2 billion. Sectors of interest include industrial manufacturing, consumer products, retailing, transportation, communications and business services. Berkshire Partners was formed in 1984 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 17 of 61
Sector: Manufacturing M&A 3 of 3
Type: Add-on Acquisition M&A Deals 8 of 20
State: Illinois M&A 1 of 4
Country: United States M&A 16 of 52
Year: 2006 M&A 1 of 6
Size (of disclosed) 12 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-02-01 Citizens of Humanity

Huntington Park, California, United States

Citizens of Humanity is a designer and distributor of premium denim and other apparel. Known for their classic style, vintage look and outstanding quality, Citizens of Humanity is headquartered in Huntington Park, California. The Company's denim line, which comes in a variety of fits, colors and levels of distress, can be found at upscale specialty clothing boutiques and other high-end retail stores.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-01 FSB Global Holdings - Fresh Start Bakeries

Brea, California, United States

Fresh Start Bakeries is one of the largest global suppliers of baked goods to the foodservice and retail markets. With bakery divisions on 5 continents and in 11 countries worldwide, our many locations supply virtually every segment of the food industry with the finest traditional and specialty bakery items available.

Sell -