Ball Corporation has announced that it has finalised the sale of 41% of its 51% interest in Ball United Arab Can Manufacturing Company (UAC) in Saudi Arabia to a subsidiary of packaging solutions, ORG Technology Co., for approximately USD 70 million.

The move reduces Ball’s position to a strategic 10 per cent ownership stake, while deconsolidating UAC from its accounts.

“Today’s announcement reflects our continued focus on a disciplined, returns-oriented portfolio,” said Daniel W. Fisher, Chairman and Chief Executive Officer of Ball Corporation. “We are pleased to deepen our relationship with ORG and look forward to collaborating to better serve customers in the Kingdom of Saudi Arabia and across the broader Middle East.

By streamlining ownership while maintaining a strategic minority position, we strengthen our flexibility to invest behind core growth, EVA expansion, and long-term value creation.”

The agreement emphasises Ball’s strategy of consolidating its global presence while still maintaining influence in areas of high growth. ORG brings regional scale, while Ball provides technical capabilities in sustainable aluminium packaging, a segment that is currently benefiting from policy and consumer momentum.