CANPACK Group, Inc. Receives S&P Ratings Upgrade to ‘BB’
Business Update | August 7, 2025
Wayne, Pennsylvania, August 7, 2025 – CANPACK Group, Inc. (“CANPACK” or the “Company”), a global manufacturer of aluminum beverage cans and packaging solutions for the beverage and food industries, is pleased to announce that S&P Global Ratings has upgraded its long-term issuer credit rating and issue-level rating on the Company’s three senior unsecured bonds to ‘BB’ from ‘BB-‘. This upgrade reflects CANPACK’s strong earnings performance, reduced leverage, and a stable outlook.
About CANPACK Group, Inc.
CANPACK Group, Inc., part of Giorgi Global Holdings, Inc., is a global manufacturer of aluminum beverage cans and packaging solutions for the food and beverage industries, as well as glass bottles and metal closures. CANPACK employs approximately 8,500 people worldwide and has operations in 16 countries. For more information, visit www.canpack.com.
For further information, please contact:
CANPACK IR team
Erin Krzeminski
Group Treasurer & Investor Relations Director
Marta Kopcik
Group Communications Manager
Email: IR@canpack.com
CANPACK IR Advisor
Daisy Padovan – H/Advisors Maitland
Phone: +44 (0) 207 379 5151
Email: canpack@maitland.co.uk