Ardagh buys into US glass market

Date: 29 March 2012
Source: Irish Examiner

Date: 29 March 2012

Irish glass and packaging group Ardagh has made its first foray into the US glass market via an acquisition believed to be worth more than $200m (€151m).

The group has bought Leone Industries — a New Jersey-based manufacturer of glass containers — for an undisclosed sum, which industry sources have estimated to be around the $230m (€174m) mark.

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