Silgan Holdings Inc. (Nasdaq:SLGN) announced 1 June, that it has completed the acquisition of the Amcor White Cap closures business in Europe. As anticipated, the closings for the Amcor White Cap closures businesses in Turkey, China, Brazil, Venezuela & a portion of the Philippines are expected to close upon satisfactory completion of specific closing conditions pursuant to the purchase agreement. This combined business, which will operate under the name Silgan White Cap, is a leading supplier of an extensive range of metal closures to consumer goods packaging companies in the food/beverage industries in Europe, Asia & South America. The EU business, which had sales of approximately EUR 195.6M for its fiscal year ended June 30, 2005, is headquartered in Hanover, Germany & operates manufacturing facilities in Germany, Poland & Italy.
