Ayna.AI and Ball Corporation Form Oasis Venture Holdings to House Ball Aluminum Cup Business
March 21, 2025
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.
- Buyers
- Ayna.AI, Ball Corporation
- Targets
- Ball Aluminum Cup business
- Sellers
- Ball Corporation
- Industry
- Packaging
- Location
- Georgia, United States
- Transaction Type
- Divestiture
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