Ball Corporation announced on August 27, 2025, the completion of the sale of 41% of its 51% ownership interest in Ball United Arab Can Manufacturing Company (UAC), its consolidated joint venture in Saudi Arabia. The stake was sold to a subsidiary of ORG Technology Co., Ltd. for approximately $70 million, subject to customary closing adjustments.
Upon closing, Ball deconsolidated UAC and now retains a 10% ownership interest in the joint venture. This transaction deepens Ball's multi-year relationship with ORG, combining Ball's global can innovation with ORG's regional execution.
Daniel W. Fisher, chairman and chief executive officer, stated that this move reflects Ball's continued focus on a disciplined, returns-oriented portfolio. By streamlining ownership while maintaining a strategic minority position, Ball strengthens its flexibility to invest in core growth and long-term value creation.
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