In December, Kiewit sold a plastic-packaging division of Continental to an Australian firm for $150 million. Get directions, reviews and information for Whitecap Applications in Omaha, NE. Also for sale are White Cap lid business and a plastic container division. Kiewit has said the European operation is still for sale. We also distribute large quantities of blister-packed and clam-shelled products using Whitecap packaging. of Muncie, Ind., couldn’t raise the cash. Whitecap provides high quality, finished products to OEM's, builders and after-market customers, including custom packaging designed and created for private labeled products for customers, who then pass them through to retail outlets. The planned sale of the European operations for $1.025 billion in cash and stock last fall fell through because the would-be buyer, Ball Corp. The sale doesn’t include Continental International’s European operations. Included are plants in Mexico and Brazil, Julian said. Kiewit has been selling parts of Continental since then and said last year that it intended to sell its remaining Continental holdings and concentrate on its construction and mining business. The container business is part of the former Continental Group acquired by Kiewit in 1984. domestic metal can business, including a plant in Omaha, for $336 million. He declined to say how much of the purchase price is in cash.Ĭrown Cork last year bought Continental’s U.S. He said Wednesday that the transaction should be completed by April. Julian, chief financial officer for Kiewit. of Philadelphia will buy Continental’s metal packaging operations in Latin America, Asia and the Middle East, said Robert E. of Omaha, for $150 million in cash and notes, a Kiewit official said.Ĭrown Cork & Seal Co. (AP) _ A Philadelphia company has agreed to acquire assets from Continental Can International Inc., a division of Peter Kiewit Sons’ Inc.
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