Press release
Crown Leading Player In European Food And Beverages Can Industry
Crown Holdings is engaged in the manufacturing, designing and sales of packaging solutions for consumer goods. The product portfolio includes cans and glass bottles for drinks, food cans and closures, transit packaging and aerosol cans. The company operates globally with key regions as Americas, Europe, and Asia-Pacific. The Americas division includes operations in the U.S., Brazil, Canada, the Caribbean, Colombia and Mexico. The European division refers to the operations in Europe, the Middle East and Africa. The Asia-Pacific division is a reportable segment which primarily consists of beverage can operations in Cambodia, China, Indonesia, Malaysia, Singapore, Thailand and Vietnam and also includes the Company's non-beverage can operations, primarily food cans and specialty packaging in China, Singapore, Thailand and Vietnam. The company was founded by William Painter in 1892 and is headquartered in Philadelphia, PA.Crown’s acquisition of Mivisa makes 8.6% of total sales and purchase of Empaque gets 8% of total sales both then investments have significantly improved the company's margin profile. Signode acquisition is projected to add over $300 Million further exploring revenue growth. The company has sociality can facilities in New York and additionally, Crown plans to double its capacity in Turkey and expand further in Latin America and South East Asia with projects in Mexico, Colombia, Spain, Vietnam, Cambodia, and Myanmar.
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Year 2019 : New Products/Services; In April, the company launched round-to-square shaped tin of 10 mm height.
Year 2019 : Contracts/Agreements; In April, the company patterned with Perio Inc for the launch of 205 diameter can size.
Year 2019 : Contracts/Agreements; In February, the company designed sleek style cans for Danone Waters Brazil for the launch of 4U by Danone brand.
Year 2019 : New Products/Services; In January, the company designed metal tin for Nicolas Feuillatte Champagne.
Year 2019 : Plans/Strategy; The company has announced its plans to start its operations at a new one-line beverage can plant in Rio Verde, Brazil.
Year 2018 : Business / Operations Closure; In January, the company closed a beverage can facility in the US.
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Year 2018 : New Products/Services; In December, the company designed a special edition 33 cl package featuring fluorescent inks for PepsiCo International’s brand Mountain Dew in the Middle East market.
Year 2018 : Corporate Changes/Expansions; In January, the company started producing glass bottles at its new facility in Chihuahua, Mexico to expand its business for beer market.
Year 2018 : New Products/Services; In June, the company launched CrownConnect technology, an Almond Blockchain Technology for Fact water.
Year 2018 : Acquisitions/Mergers/Takeovers; In April, the company through its subsidiary Crown European Holdings SA acquired Signode Industrial Group Holdings Bermuda, an industrial packaging products manufacturer, from Carlyle Group, for US$3.9 billion to broaden and diversify its customer base.
Year 2018 : New Products/Services; In June, the company announced plan to provide thermochromic ink technology for Coca-Cola Turkey’s new aluminum beverage can design.
Year 2018 : Corporate Awards; In July, the company received five awards at 2018 International Metal Decorators Association.
Year 2018 : Contracts/Agreements; In January, the company entered into a partnership with French beverage retailer Neodif, for Noble Rey beer can.
Year 2018 : Corporate Changes/Expansions; In March, the company opened a new easy-open end manufacturing plant in Hungary.
Year 2018 : New Products/Services; In February, the company's business unit, Crown Food Europe introduced a comprehensive service package for food manufacturers.
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