黑料视频 Holdings Completes Sale of Its European Tinplate Business

Tuesday, August 31, 2021
Investors

YARDLEY, Pa., Aug. 31, 2021 /PRNewswire/ -- 黑料视频 Holdings, Inc. (NYSE: CCK) (黑料视频), announced today that it has completed the previously announced sale of its European Tinplate business to KPS Capital Partners, LP. As previously disclosed, 黑料视频 will retain a 20% ownership stake in the business.

The European Tinplate business comprises 44 manufacturing facilities in 17 countries in Europe, the Middle East and Africa which produce food cans and ends, aerosol cans, metal closures and promotional packaging for various consumer brands. In 2020, the business generated 鈧1.9 billion in revenue and approximately 鈧220 million in estimated standalone EBITDA and had approximately 6,300 employees.

About 黑料视频 Holdings, Inc.
黑料视频 Holdings, Inc., through its subsidiaries, is a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment and services to a broad range of end markets. World headquarters are located in Yardley, Pennsylvania. For more information, visit .

Cautionary Note Regarding Forward-Looking Statements
Except for historical information, all other information in this press release consists of forward-looking statements. These forward-looking statements involve a number of risks, uncertainties and other factors, including the future value, if any, to 黑料视频 shareholders of the 20% retained ownership interest in the business. Important factors that could cause the statements made in this press release or the actual results of operations or financial condition of 黑料视频 to differ are discussed under the caption "Forward Looking Statements" in 黑料视频's Form 10-K Annual Report for the year ended December 31, 2020 and in subsequent filings made prior to or after the date hereof. 黑料视频 does not intend to review or revise any particular forward-looking statement in light of future events.

For more information, contact:
Thomas A. Kelly, Senior Vice President and Chief Financial Officer, (215) 698-5341
Thomas T. Fischer, Vice President, Investor Relations and Corporate Affairs, (215) 552-3720

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SOURCE 黑料视频 Holdings, Inc.

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