Ball Corp. To Divest Aluminum Cup Assets, Establishes Joint Venture
From Nasdaq: 2025-03-22 00:40:00
Ball Corp. has decided to sell its Ball Aluminum Cup assets and form a joint venture with Ayna.AI to manage and develop the assets further. The joint venture, named Oasis Venture Holdings, LLC, will include the Aluminum Cup business and plant in Rome, Georgia. Ayna and Ball will work together to expand the Cup’s customer base while maintaining operational standards. This move will not impact current orders, and Ball is committed to a smooth transition for its customers. The partnership aims to grow the business, expand its reach, and innovate in the Aluminum Cup category.
Read more at Nasdaq: Ball Corp. To Divest Aluminum Cup Assets, Establishes Joint Venture