Ball Corporation Sells 41% Stake in Saudi JV to ORG Technology

Ayna.AI and Ball Corporation Form Oasis Venture Holdings to House Ball Aluminum Cup Business

March 21, 2025

Packaging

Ball Corporation has sold its Aluminum Cup business into a newly formed joint venture, Oasis Venture Holdings, LLC, with Ayna.AI taking the majority stake (51%) and Ball retaining a 49% minority interest. The JV will include the Rome, Georgia manufacturing plant and teams, with Ayna providing operational expertise to scale the Aluminum Cup category and expand its customer base.

Ball Corporation Acquires Alucan

October 31, 2024

Manufacturing

Ball Corporation has acquired Alucan, a European specialist in extruded aluminum aerosol cans and impact-extruded bottles, adding manufacturing facilities in Llinars del Vallés, Spain and Lummen, Belgium. The deal expands Ball's extruded aluminum aerosol and bottle capabilities in Europe, supports reuse/refill and sustainability initiatives, and enables cross-selling into beverage, personal care and household markets while reducing logistical CO2 emissions.

Sonoco Acquires Ball Metalpack from Platinum Equity and Ball Corporation for $1.35 Billion

January 27, 2022

Packaging

Sonoco has completed the acquisition of Ball Metalpack, a Broomfield, Colorado-based manufacturer of sustainable steel containers, in a transaction valued at approximately $1.35 billion. The seller parties were Platinum Equity (51% owner) and Ball Corporation (49% owner); the deal follows a three-year transformation and expansion program at Ball Metalpack under the joint-venture ownership.

Quantic Electronics Acquires Union Technology Corporation

June 30, 2021

Manufacturing

Quantic Electronics, a portfolio company of Arcline Investment Management, has acquired Union Technology Corporation (UTC), a maker of multilayer ceramic capacitors and assemblies. The deal adds UTC's MLCC product portfolio and high-reliability capacitor capabilities to Quantic's platform to better serve aerospace, military, telecommunications and industrial customers.

Halifax Group Invests in Universal Air Conditioner

November 13, 2024

Automotive

Halifax Group completed a growth investment in Universal Air Conditioner, LLC (UAC), a Mansfield, Texas–based designer and distributor of aftermarket HVAC components for cars, trucks and heavy-duty equipment. Co-CEOs Francisco Coll and Sophia Coll Crowley will remain in leadership and retain a significant ownership stake as Halifax provides the company’s first institutional capital to support expansion and platform-building in the automotive aftermarket.

Ault Alliance Subsidiary Acquires 80% Stake in Eco Pack Technologies LTD

September 26, 2023

Manufacturing

Ault Alliance, through its wholly owned subsidiary Eco Pack Technologies, Inc., has agreed to acquire an 80% majority stake in Eco Pack Technologies LTD, a Huddersfield-based developer of sustainable secondary packaging machinery for FMCG manufacturers. Ault Alliance said it intends to rapidly scale Eco Pack's low-carbon packaging technology across the U.S., the U.K., Europe and Asia; the transaction remains subject to customary closing conditions and regulatory approval.