Silgan and Trivium Plan to Merge Their Metal Packaging Businesses
News General news
The U.S. packaging group Silgan Holdings plans to merge its business in metal containers and flat closures for food and beverages with the metal packaging manufacturer Trivium Packaging.
As the companies announced on October 19, this will create a new entity under the name Silgan Metal Containers and Closures (Silgan MCC).
Trivium is currently majority-owned by the Canadian pension fund Ontario Teachers’ Pension Plan. The packaging group Ardagh Group holds a minority stake of approximately 42%. According to a separate statement, both shareholders intend to sell their entire stakes.
Silgan will hold a 60% stake in Silgan MCC going forward. The remaining 40% will be acquired by the U.S. investor American Industrial Partners (AIP). The transaction is expected to close in mid-2027, subject to regulatory approvals and other closing conditions.
