---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-424669"
form_type: "8-K"
ticker: "SLGN"
cik: "0000849869"
company_name: "SILGAN HOLDINGS INC"
filed_at: "2026-10-19T11:35:11+00:00"
generated_at: "2026-10-19T11:40:07.778409+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Silgan forms $7.3B metal packaging JV with AIP, acquires Trivium for $3.4B; gets $2.3B cash

## Summary
- Trivium valued at ~$3.4B enterprise value: 7.1x LTM Adjusted EBITDA, or 4.8x including $225M expected synergies.
- Silgan contributes Metal Containers and Food and Beverage Flat Cap Closures at $3.8B EV, or 8.1x LTM Adjusted EBITDA.
- Silgan receives ~$2.3B cash to retire debt and retains 60% of Silgan MCC; AIP owns 40% and contributes ~$1.0B equity.
- Combined Silgan MCC is a $7.3B global metal packaging business; deal expected at least 15% accretive to adjusted EPS and free cash flow.
- Dispensing and Custom Containers will form wholly owned Silgan Dispensing Solutions; Metal Containers and closures move into the JV.

## SEC filing metadata
- accession: 0001193125-26-424669
- form_type: 8-K
- ticker: SLGN
- cik: 0000849869
- company_name: SILGAN HOLDINGS INC
- filed_at: 2026-10-19T11:35:11+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 7.01, 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/849869/000119312526424669/0001193125-26-424669-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/849869/000119312526424669/d152250d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-424669
- JSON: https://secwatch.observer/filing/0001193125-26-424669.json
- Plain text: https://secwatch.observer/filing/0001193125-26-424669.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.