Ardagh Group is a
Luxembourg
Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small lan ...
-based producer of glass and metal products that has "grown in the past two decades into one of the world’s largest metal and glass packaging companies".
As of 2012, the company operated 89 facilities in 22 countries, employed approximately 23,500 people, and had approximately €7.7 billion in revenue.
History
Founded in 1932 as the Irish Glass Bottle Company in
Dublin
Dublin (; , or ) is the capital and largest city of Ireland. On a bay at the mouth of the River Liffey, it is in the province of Leinster, bordered on the south by the Dublin Mountains, a part of the Wicklow Mountains range. At the 2016 ...
, the company expanded through a series of
acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect ...
after
Paul Coulson
Paul may refer to:
* Paul (given name), a given name (includes a list of people with that name)
* Paul (surname), a list of people
People
Christianity
*Paul the Apostle (AD c.5–c.64/65), also known as Saul of Tarsus or Saint Paul, early Chr ...
acquired an initial stake in the company in 1998.
In North America, the company currently operates two of the oldest continuously operated glass container plants in the country: Dunkirk, Indiana, opened in 1889, and Winchester, Indiana, opened in 1898.
It purchased
Rockware Glass
Rockware Glass is a UK company manufacturing glass containers.
The company has a works at Doncaster, South Yorkshire, Worksop, Nottinghamshire, Knottingley West Yorkshire and Irvine, Scotland. Rockware became part of Ardagh Glass Group in 2006 ...
in 1999. In 2011, it purchased the metal packaging company Impress Group for €1.7 billion and Fi Par for €125 million. In August 2012, the company acquired Anchor Glass Container Corporation for $880 million. In January 2013, Ardagh Group agreed to acquire St-Gobain's
Verallia North America for €1.3 billion. In 2012 it purchased the
Rexam
Rexam plc was a British-based multinational consumer packaging company headquartered in London, England. After spending much of its life as a paper producer known as Bowater, it diversified and became a leading manufacturer of beverage cans. I ...
Glass Division.
The company launched an
initial public offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...
(IPO) in March 2017 on the
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its liste ...
,
raising just over $300 million.
References
External links
Ardagh Groupofficial website
Glassmaking companies of Ireland
Packaging companies of Luxembourg
Companies based in Luxembourg City
Holding companies of Luxembourg
1932 establishments in Ireland
Manufacturing companies established in 1932
Irish brands
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