Ardagh Group to Sell 42% Stake in Trivium Packaging to Silgan Holdings

Key Facts

1Ardagh Group has entered into an agreement to sell its entire ~42% stake in Trivium Packaging.

2The buyers are Silgan Holdings Inc. and funds affiliated with American Industrial Partners (AIP).

3The move follows the decision by Ontario Teachers' Pension Plan to sell its majority stake in Trivium.

Ardagh Group has entered into an agreement to sell its entire ~42% stake in Trivium Packaging to Silgan Holdings Inc. and funds affiliated with American Industrial Partners. Reuters reported that the move follows a decision by the Ontario Teachers' Pension Plan to sell its majority stake in the company, resulting in a coordinated exit by the joint venture partners.

SLGN closed at $37.8 on October 16, 2026, prior to the announcement of the divestment. The transaction represents a strategic acquisition for Silgan Holdings to expand its packaging footprint, while Ardagh Group is expected to benefit from the liquidity generated by the sale.