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Ball retains 10% ownership stake in Ball United Arab Can Manufacturing Company.
September 4, 2025
By: David Savastano
Editor
Ball Corporation announces it has completed the sale of 41% of its 51% ownership interest in Ball United Arab Can Manufacturing Company (UAC) UAC is its consolidated joint venture in the Kingdom of Saudi Arabia.
The sale was made to a subsidiary of ORG Technology Co., Ltd. for approximately USD $70 million, which is subject to customary closing adjustments. Upon closing, Ball deconsolidated UAC and retains a 10% ownership interest.
“Today’s announcement reflects our continued focus on a disciplined, returns-oriented portfolio,” says Daniel W. Fisher, chairman and CEO of Ball Corporation. “We are pleased to deepen our relationship with ORG and look forward to collaborating to better serve customers in the Kingdom of Saudi Arabia and across the broader Middle East. By streamlining ownership while maintaining a strategic minority position, we strengthen our flexibility to invest behind core growth, EVA expansion, and long-term value creation.”
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