08:11 AM EDT, 10/15/2024 (MT Newswires) -- Silgan Holdings ( SLGN ) said Tuesday that it has completed its acquisition of Weener Plastics Holdings, which makes packaging for the personal care, food and health care products.

Financial terms of the transaction were not disclosed. Weener operates 19 facilities predominantly in Europe and the Americas.

The company said it funded the acquisition through borrowings under its senior secured credit facility, including a 700 million euro ($763.5 million) incremental term loan.

The transaction is expected to be slightly accretive to adjusted earnings per share in 2024, the company said.