In June 2016, Ardagh Group acquired the assets required to be divested by Ball Corporation and Rexam PLC to gain approval for the acquisition of Rexam PLC by Ball Corporation. The divested assets comprised 22 production facilities, located in Europe (12), North America (8) and Brazil (2).
In 2018, we completed the construction of a greenfield production facility in Manaus, which supplies can ends to our can production facilities in Jacarei, Brazil and Alagoinhas, Brazil.
In October 2020, Ardagh Group announced a multi-year $1.5 billion business growth investment programme involving growth projects in each of our regions. In February 2021, this 2021-2024 growth investment programme was increased to $1.8 billion to grow our business in the period from 2021 to 2024.
In December 2020, Ardagh Group acquired a large brownfield site in Huron, Ohio, which we are converting into a new beverage can and ends plant. Production will commence in late 2021.
In February 2021, the combination with Gores Holdings V, Inc was announced, whereby Ardagh Metal Packaging would be separately listed on the New York Stock Exchange ("NYSE").
In August 2021, this combination with Gores Holdings V, Inc was completed, and Ardagh Metal Packaging began trading on the NYSE under the ticker ("AMBP"). Ardagh Group retains a stake of 81.85% in Ardagh Metal Packaging and intends to remain a long-term majority shareholder.
In October 2021, Ardagh Group concluded an exchange offer swapping Ardagh Group (NYSE: ARD) shares for Ardagh Metal Packaging shares. This exchange offer reduced Ardagh Group’s ownership of AMP to approximately 75%, with the public float increasing to approximately 25%. In light of the completion of the exchange offer, Ardagh Group shares were delisted from the New York Stock Exchange
In October 2021, AMP set out plans for a new can facility in the U.S. South-West. This multi-line plant will be based in Arizona and will add an initial 3.5 billion of additional capacity to support customers’ growth
In November 2021, AMP announced plans to build a new state-of-the-art $200 million beverage can plant in Northern Ireland.