Ardagh Metal Packaging S.A.

Ardagh Metal Packaging S.A. is a leading global supplier of consumer metal beverage packaging, holding the #2 or #3 market positions in Europe, the United States, and Brazil. The company operates in the global beverage can industry, which is a large, consumer-driven market. Their packaging products are used for beer, carbonated soft drinks, energy drinks, sparkling waters, hard seltzers, juices, pre-mixed cocktails, teas, and wine. Customers include a wide variety of leading beverage product companies. The global metal packaging industry is valued at over $140 billion, with the metal can packaging market accounting for nearly 60%, according to an October 2024 report from Smithers Pira. The consumer metal packaging industry is considered a relatively stable market sector, less sensitive to economic cycles, as it primarily supplies packaging for food, drinks, and other basic needs. Ardagh Metal Packaging S.A. serves over 200 customers across more than 40 countries, including multi-national companies and large national and regional companies. In their target regions of Europe, North America, and Brazil, customers include companies owning well-known brands. The company maintains a stable customer base with long-standing relationships, with over 80% of sales generated under multi-year contracts and the remaining largely under annual arrangements. A significant portion of sales volumes are supplied under contracts that include input cost pass-through provisions.