ADDED
We had consolidated net sales of approximately $6.5 billion in 2025.
For 2025, our dispensing and specialty closures business had net sales of $2.7 billion (approximately 41.8 percent of our consolidated net sales) and income before interest and income taxes (EBIT) of $321.5 million (approximately 49.8 percent of our consolidated EBIT excluding corporate expense).
For 2025, our metal containers business had net sales of $3.1 billion (approximately 48.4 percent of our consolidated net sales) and EBIT of $243.4 million (approximately 37.7 percent of our consolidated EBIT excluding corporate expense).
For 2025, our custom containers business had net sales of $637.6 million (approximately 9.8 percent of our consolidated net sales) and EBIT of $81.1 million (approximately 12.5 percent of our consolidated EBIT excluding corporate expense).
We have also grown our market position in the custom container business since 1987, with net sales for the custom container business increasing to $637.6 million in 2025, representing a compound annual growth rate of approximately 5.3 percent over that period.
2024 Dispensing systems and specialty closures On October 15, 2024, we acquired Weener Plastics Holding B.V., or Weener Packaging, a leading producer of differentiated dispensing solutions for personal and health care and food products.
As part of this initiative, we closed three dispensing and specialty closures manufacturing facilities, two metal container manufacturing facilities and two custom container manufacturing facilities, relocating volumes from such facilities to other facilities.
In addition, as part of this initiative we optimized production at several other 4 manufacturing facilities across our network.
We completed this initiative and realized approximately $20 million of cost savings in 2024 and approximately $30 million of additional cost savings in 2025.
Additionally, apart from this initiative, in late 2025 we announced optimization plans for our metal closure operations in Europe primarily to reduce costs, which include the planned closing of one manufacturing facility.
REMOVED
We had consolidated net sales of approximately $5.9 billion in 2024.
For 2024, our dispensing and specialty closures business had net sales of $2.3 billion (approximately 39.4 percent of our consolidated net sales) and income before interest and income taxes (EBIT) of $290.0 million (approximately 50.5 percent of our consolidated EBIT excluding corporate expense).
For 2024, our metal containers business had net sales of $2.9 billion (approximately 49.5 percent of our consolidated net sales) and EBIT of $228.9 million (approximately 39.9 percent of our consolidated EBIT excluding corporate expense).
For 2024, our custom containers business had net sales of $649.6 million (approximately 11.1 percent of our consolidated net sales) and EBIT of $55.4 million (approximately 9.6 percent of our consolidated EBIT excluding corporate expense).
We have also grown our market position in the custom container business since 1987, with net sales for the custom container business increasing to $649.6 million in 2024, representing a compound annual growth rate of approximately 5.5 percent over that period.
2024 Dispensing systems and specialty closures On October 15, 2024, we acquired Weener Plastics Holding B.V.
or, Weener Packaging, a leading producer of differentiated dispensing solutions for personal and health care and food products.
As part of this initiative, we have already closed three dispensing and specialty closures manufacturing facilities, two metal container manufacturing facilities and one custom container manufacturing facility to date, relocating volumes from such facilities to other facilities, and we have announced the closing of an additional custom container 4 manufacturing facility in 2025.
In addition, as part of this initiative we have taken, and are continuing to take, actions to optimize production at several other manufacturing facilities across our network.
As a result of this initiative, we realized approximately $20 million of cost savings in 2024, and we expect to realize additional cost savings in 2025 of approximately $30 million.