Aluminum can manufacturer Canpack completes exit from Russia
Quick Look
- The international company Canpack announced the complete completion of its exit from the Russian market.
- The manufacturer sold its remaining interests in local operations to a third-party buyer for $122 million.
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Why It Matters
Canpack is an international manufacturer of aluminum packaging that previously had production facilities in Russia.
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International manufacturer of aluminum cans Canpack has completed its exit from Russia. The company itself announced this, their statement is quoted by RIA Novosti.
Canpack Group, Inc. today announced its complete exit from Russia by selling the remaining nominal interests in its former Russian enterprises to a third-party buyer,” the company said.
It is noted that Canpack sold shares to a third-party buyer for $122 million.
Open Questions
- Who is the buyer of the assets?
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This article was originally published by Лента.ру.
