PHILADELPHIA, Feb. 11, 2015 /PRNewswire/ -- Crown
Holdings, Inc. (NYSE: CCK), a global leader in consumer packaging,
today announced that Mexico's
Federal Competition Commission has approved its acquisition of
EMPAQUE, a leading Mexican manufacturer of aluminum cans and ends,
bottle caps and glass bottles for the beverage industry, from
Heineken N.V. The parties expect to close the transaction
shortly.
EMPAQUE, headquartered in Monterrey,
Mexico, currently operates two beverage can plants, a plant
that manufactures beverage can ends, aluminum closures and bottle
caps, a glass bottle plant and a glass service facility in
Mexico, with a total of
approximately 1,500 employees.
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,
2014, the Company operated 149 plants located in 40
countries, employing 23,024 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 complete the EMPAQUE acquisition as planned and on the
expected timeframe. 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.
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SOURCE Crown Holdings, Inc.