Ardagh is to acquire the Longhorn glass manufacturing facility located in Houston, Texas, from Anheuser-Busch InBev (AB InBev).
Longhorn will continue to supply AB InBev’s adjacent Houston brewery under a long-term supply agreement, and Ardagh intends to invest in the long-term future of Longhorn.
The transaction is subject to regulatory approval and is expected to complete in the first quarter of 2021
Upon completion, Ardagh’s North American glass packaging business will operate 14 plants and employ more than 5,000 people, producing premium and sustainable glass packaging.
Globally, Ardagh will operate 34 glass packaging plants, employing in excess of 11,000 people and with annual revenues of approximately $3.3 billion.
Paul Coulson, Chairman and CEO of Ardagh Group said “This agreement with AB InBev further strengthens the longstanding and highly collaborative relationship between our companies, across both glass and metal packaging.
"Ardagh is committed to the long-term future of Longhorn and looks forward to welcoming Anheuser-Busch employees in Houston to the Ardagh team to continue to serve demand for sustainable glass packaging.”
