Lincoln International Represents Fried v. Neuman GmbH in the sale of Neuman Aluminum to Ball Corporation
CHICAGO and VIENNA, July 26, 2010 – Lincoln International, a leading global mid-market investment bank, today announced that Fried V. Neuman GmbH has sold Neuman Aluminum to Ball Corporation (NYSE: BLL). Lincoln International acted as the exclusive financial advisor to Fried v. Neuman GmbH. The terms of the transaction were not disclosed.
Neuman Aluminum is the leading North American manufacturer of aluminum disks, or slugs, used to make extruded aerosol cans, beverage bottles, aluminum collapsible tubes and technical impact extrusions. Neuman Aluminum operates plants in Verona, Virginia and Sherbrooke, Quebec, which produce slugs that are converted into premium packaging for personal care, household, beverage and other products. Neuman Aluminum had sales of approximately $128 million in 2009.
“This strategic acquisition is an investment by Ball in a business that has technology to access new markets and opportunities to grow Ball’s packaging platform” said Raymond J. Seabrook, Executive Vice President and Chief Operating Officer, Global Packaging.
Ball Corporation is a supplier of high-quality packaging for beverage, food and household products customers, and of aerospace and other technologies and services, primarily for the U.S. government. Ball Corporation and its subsidiaries employ more than 14,000 people worldwide and reported 2009 sales of more than $7.3 billion.
About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, private capital raising, and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. With 10 offices in Asia, Europe and North America, and strategic partnerships with leading institutions in China and India, Lincoln International has strong local knowledge and contacts in the key global economies. The organization provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com.
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