Jenner & Block Advises Silgan Holdings Inc. on Establishing Partnership with American Industrial Partners to Acquire Trivium Packaging for $3.4 Billion

Jenner is representing Silgan Holdings Inc. (Silgan) in the contribution of its metal containers segment and food and beverage flat cap closures businesses (Silgan MCC) to Silgan Metal Packaging LLC (MetalCo), a newly formed company, and in the $1.025 billion cash contribution by an American Industrial Partners investment vehicle (A-VL Holdco) to MetalCo. Silgan will receive 60% of the equity of MetalCo and a cash distribution to Silgan of $2.263 billion, and A-VL Holdco will receive 40% of the equity in MetalCo. The transaction values Silgan MCC at $3.8 billion. 

MetalCo is acquiring all of the equity interests in Trivium for approximately $3.4 billion and has also obtained fully committed debt financing. 

The deal is expected to close in mid-2027 pending regulatory approvals and certain other conditions. Silgan’s dispensing and custom containers businesses will be combined into one segment and will remain wholly owned by Silgan. 

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Partners Rob Rawn and Sasha Polonyk and Associate Bill Erlain are leading the Jenner team representing Silgan, with support from Partners Geoff Davis, Steve Englund, Brian Hart, Alex May, Matt Renaud, and Stephanie Sebor, and Associates Alex Bradt, Kristen Iglesias, Maliha Ikram, and Alex Ryshina. 

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© 2026 Jenner & Block LLP. Attorney Advertising. Jenner & Block LLP is an Illinois Limited Liability Partnership including professional corporations. This publication, presentation, or event is not intended to provide legal advice but to provide information on legal matters and/or firm news of interest to our clients and colleagues. Readers or attendees should seek specific legal advice before taking any action with respect to matters mentioned in this publication or at this event. The attorney responsible for this communication is Brent E. Kidwell, Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654-3456. Prior results do not guarantee a similar outcome. Jenner & Block London LLP, an affiliate of Jenner & Block LLP, is a limited liability partnership established under the laws of the State of Delaware, USA and is authorised and regulated by the Solicitors Regulation Authority with SRA number 615729. Information regarding the data we collect and the rights you have over your data can be found in our Privacy Notice. For further inquiries, please contact dataprotection@jenner.com.

Jenner & Block Advises Silgan Holdings Inc. on Establishing Partnership with American Industrial Partners to Acquire Trivium Packaging for $3.4 Billion

Jenner is representing Silgan Holdings Inc. (Silgan) in the contribution of its metal containers segment and food and beverage flat cap closures businesses (Silgan MCC) to Silgan Metal Packaging LLC (MetalCo), a newly formed company, and in the $1.025 billion cash contribution by an American Industrial Partners investment vehicle (A-VL Holdco) to MetalCo. Silgan will receive 60% of the equity of MetalCo and a cash distribution to Silgan of $2.263 billion, and A-VL Holdco will receive 40% of the equity in MetalCo. The transaction values Silgan MCC at $3.8 billion. 

MetalCo is acquiring all of the equity interests in Trivium for approximately $3.4 billion and has also obtained fully committed debt financing. 

The deal is expected to close in mid-2027 pending regulatory approvals and certain other conditions. Silgan’s dispensing and custom containers businesses will be combined into one segment and will remain wholly owned by Silgan. 

Read More

Partners Rob Rawn and Sasha Polonyk and Associate Bill Erlain are leading the Jenner team representing Silgan, with support from Partners Geoff Davis, Steve Englund, Brian Hart, Alex May, Matt Renaud, and Stephanie Sebor, and Associates Alex Bradt, Kristen Iglesias, Maliha Ikram, and Alex Ryshina. 

Related Capabilities

© 2026 Jenner & Block LLP. Attorney Advertising. Jenner & Block LLP is an Illinois Limited Liability Partnership including professional corporations. This publication, presentation, or event is not intended to provide legal advice but to provide information on legal matters and/or firm news of interest to our clients and colleagues. Readers or attendees should seek specific legal advice before taking any action with respect to matters mentioned in this publication or at this event. The attorney responsible for this communication is Brent E. Kidwell, Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654-3456. Prior results do not guarantee a similar outcome. Jenner & Block London LLP, an affiliate of Jenner & Block LLP, is a limited liability partnership established under the laws of the State of Delaware, USA and is authorised and regulated by the Solicitors Regulation Authority with SRA number 615729. Information regarding the data we collect and the rights you have over your data can be found in our Privacy Notice. For further inquiries, please contact dataprotection@jenner.com.

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