Ardagh Holdings explores sale of metal packaging unit

Ardagh Holdings is evaluating strategic options for its metal packaging unit, including a potential sale, according to a person familiar with the matter.

The Dublin-based company, which manufactures both glass and metal containers, has engaged financial advisors to explore the feasibility of divesting the metal packaging division. The process is in the early stages, and no final decisions have been made, the person said, declining to be identified.

Ardagh’s metal packaging business produces beverage cans and food containers, operating as a separate unit within the broader packaging group. The division serves global clients in the beverage and food industries, contributing to Ardagh’s diversified portfolio alongside its glass packaging operations.

A sale would mark a strategic shift for Ardagh, which has expanded its footprint in recent years through acquisitions and organic growth. The company’s glass packaging segment remains a core focus, while the metal unit has faced competitive pressures in certain markets.

Ardagh Holdings did not immediately respond to requests for comment. The company’s shares were not listed on a public exchange as of the latest available data.