PHILADELPHIA, April 14, 2014 /PRNewswire/ -- Crown
Holdings, Inc. (NYSE: CCK), a global leader in consumer packaging,
today announced that the European Commission has formally approved
its acquisition of Mivisa Envases, SAU, a leading Spanish
manufacturer of two- and three-piece food cans and ends. The
Commission previously granted approval of the acquisition subject
to certain conditions and commitments, which have now been
satisfied.
The transaction is expected to close on April 23, 2014.
Primarily serving the vegetable, fruit, fish and meat segments,
Mivisa, based in Murcia, Spain, is
the largest food can producer in both the Iberian Peninsula and
Morocco.
About Crown Holdings, Inc.
Headquartered in
Philadelphia, PA, Crown Holdings,
Inc. (NYSE: CCK) is a leading manufacturer of packaging products
for consumer marketing companies around the world. Crown
makes a wide range of metal packaging for food, beverage, household
and personal care and industrial products and metal vacuum closures
and caps. As of December 31,
2013, the Company operated 147 plants located in 40
countries, employing 21,335 people.
Cautionary Note Regarding Forward-Looking
Statements
Except for historical information, all other
information in this press release consists of forward-looking
statements. These forward-looking statements involve a number
of risks, uncertainties and other factors, including the Company's
ability to close the transaction on April
23, 2014, or at all. Important factors that could
cause the statements made in this press release or the actual
results of operations or financial condition of Crown to differ are
discussed under the caption "Forward Looking Statements" in Crown's
Form 10-K Annual Report for the year ended December 31, 2013 and in subsequent filings made
prior to or after the date hereof. Crown does not intend to
review or revise any particular forward-looking statement in light
of future events.
For more information, contact:
Thomas A. Kelly, Senior Vice
President and Chief Financial Officer, (215) 698-5341, or
Thomas T. Fischer, Vice President,
Investor Relations and Corporate Affairs, (215) 552-3720.
SOURCE Crown Holdings, Inc.