Ball Corporation Completes Sale of 41% Stake in Saudi Joint Venture While Retaining Minority Share
Ball Corporation, a leading provider of innovative packaging solutions, has made significant strides in its international portfolio by completing a strategic divestiture. On August 27, 2025, the company announced the successful sale of 41% of its 51% stake in the Ball United Arab Can Manufacturing Company (UAC), located in Saudi Arabia, to ORG Technology Co., Ltd. The transaction is valued at approximately USD $70 million and includes customary closing adjustments.
This sale marks a pivotal moment for Ball Corporation as it seeks to streamline its ownership structure and enhance operational flexibility. Daniel W. Fisher, the chairman and CEO of Ball Corporation, commented on the sale, expressing that this move aligns with the company's focus on a disciplined, returns-oriented portfolio. Fisher noted, 'We are pleased to deepen our relationship with ORG and look forward to collaborating to better serve customers in the Kingdom of Saudi Arabia and across the broader Middle East.'
Despite divesting a large portion of its interest, Ball Corporation has opted to retain a 10% ownership stake in the joint venture. This decision reflects the company’s commitment to preserving a strategic minority position, which will enhance its ability to invest in core growth sectors, EVA® (Economic Value Added) expansion, and long-term value creation for its stakeholders.
The company views this partnership with ORG as a significant opportunity to leverage each other's strengths; Ball’s renowned global can innovation paired with ORG’s manufacturing capabilities in the region is expected to yield substantial benefits. This synergy could not only improve operational efficiencies but also cater to the rising demand for aluminum packaging solutions, particularly in the beverage and personal care industries within the Middle East.
Ball Corporation, headquartered in Westminster, Colorado, is known for supplying innovative and sustainable aluminum packaging solutions that serve a wide array of customers, including those in the beverage, personal care, and household product sectors. As of 2024, the company employed approximately 16,000 people worldwide and reported net sales of $11.80 billion, excluding aerospace business.
The strategic decision to reduce ownership in the joint venture allows Ball Corporation to focus on its core competencies while still participating in a growing market segment. With ORG Technology now holding a majority stake, the joint venture is poised for expansion in the fast-evolving landscape of aluminum packaging. This partnership is expected to not only uplift the standards of manufacturing in Saudi Arabia but also foster deeper integration within the regional market dynamics.
In conjunction with this sale, Ball Corporation continues to explore further opportunities to enhance its operational model and capitalize on its extensive experience in the packaging industry. The future seems promising as they aim to combine their innovative approaches with local expertise to address consumer needs effectively. As global trends shift towards sustainable packaging solutions, Ball Corporation’s strategic maneuvers signify its ambition to remain at the forefront of the industry.
In summary, through this sale, Ball Corporation is positioned to strengthen its market relevance in Saudi Arabia and the broader Middle East while maintaining a meaningful stake in the joint venture. This reflects a broader strategy focused on enhancing operational flexibility and driving long-term growth through strategic partnerships. The company looks forward to the next chapter in its collaboration with ORG Technology, which is set to redefine the packaging landscape in the region.
This sale marks a pivotal moment for Ball Corporation as it seeks to streamline its ownership structure and enhance operational flexibility. Daniel W. Fisher, the chairman and CEO of Ball Corporation, commented on the sale, expressing that this move aligns with the company's focus on a disciplined, returns-oriented portfolio. Fisher noted, 'We are pleased to deepen our relationship with ORG and look forward to collaborating to better serve customers in the Kingdom of Saudi Arabia and across the broader Middle East.'
Despite divesting a large portion of its interest, Ball Corporation has opted to retain a 10% ownership stake in the joint venture. This decision reflects the company’s commitment to preserving a strategic minority position, which will enhance its ability to invest in core growth sectors, EVA® (Economic Value Added) expansion, and long-term value creation for its stakeholders.
The company views this partnership with ORG as a significant opportunity to leverage each other's strengths; Ball’s renowned global can innovation paired with ORG’s manufacturing capabilities in the region is expected to yield substantial benefits. This synergy could not only improve operational efficiencies but also cater to the rising demand for aluminum packaging solutions, particularly in the beverage and personal care industries within the Middle East.
Ball Corporation, headquartered in Westminster, Colorado, is known for supplying innovative and sustainable aluminum packaging solutions that serve a wide array of customers, including those in the beverage, personal care, and household product sectors. As of 2024, the company employed approximately 16,000 people worldwide and reported net sales of $11.80 billion, excluding aerospace business.
The strategic decision to reduce ownership in the joint venture allows Ball Corporation to focus on its core competencies while still participating in a growing market segment. With ORG Technology now holding a majority stake, the joint venture is poised for expansion in the fast-evolving landscape of aluminum packaging. This partnership is expected to not only uplift the standards of manufacturing in Saudi Arabia but also foster deeper integration within the regional market dynamics.
In conjunction with this sale, Ball Corporation continues to explore further opportunities to enhance its operational model and capitalize on its extensive experience in the packaging industry. The future seems promising as they aim to combine their innovative approaches with local expertise to address consumer needs effectively. As global trends shift towards sustainable packaging solutions, Ball Corporation’s strategic maneuvers signify its ambition to remain at the forefront of the industry.
In summary, through this sale, Ball Corporation is positioned to strengthen its market relevance in Saudi Arabia and the broader Middle East while maintaining a meaningful stake in the joint venture. This reflects a broader strategy focused on enhancing operational flexibility and driving long-term growth through strategic partnerships. The company looks forward to the next chapter in its collaboration with ORG Technology, which is set to redefine the packaging landscape in the region.
Topics Consumer Products & Retail）
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