Holding period
Sep.2008 / Jan.2011
Country
France
Sector
Value-add Industrials
Revenue Progression
Employees at ACQ.
530
Investment Type
Secondary MBO

Aerocan Group is the European leader in the manufacture of aluminium aerosol cans for the personal care and pharmaceutical industries.

Aerocan is uniquely positioned as the only player with both an integrated slug production capacity and manufacturing facilities in Eastern and Western Europe. Furthermore, Aerocan is one of the main suppliers to key customers in the large personal care segment.

EXIT

Equistone completed the sale of Aerocan to Ball Corporation, one of the world leaders in metal packaging, for approximately €221m inclusive of debt and other liabilities. The acquisition of Aerocan by Ball Corporation offers new opportunities for Aerocan, particularly for its customers outside Europe.

Their outstanding work has enabled the Group to strengthen its position during the post-crisis period and to benefit from the market recovery in 2010.

Grégoire Châtillon, Partner, Equistone Partners France