Ardagh Group

Ardagh Group is a Luxembourg-based producer of glass and metal products that has "grown in the past two decades into one of the world’s largest metal and glass packaging companies".[2]

Ardagh Group S.A.
Public
Traded asNYSE: ARD (Class A)
Russell 1000 Component
ISINLU1565283667 
IndustryPackaging
Founded1932, Dublin
HeadquartersLuxembourg, Luxembourg
Number of locations
109
Key people
Paul Coulson (Chairman & CEO)
ProductsGlass and Metal Packaging
Revenue7,646M (FY 2016)[1]
Total assets10,261M (FY 2016)[1]
Number of employees
Approx. 23,500 (FY 2016)[1] (2016)
Websitewww.ardaghgroup.com

As of 2012, the company operated 89 facilities in 22 countries, employed approximately 23,500 people, and had approximately €7.7 billion in revenue.[3]

History

Founded in 1932 as the Irish Glass Bottle Company in Dublin, the company expanded through a series of acquisitions after Paul Coulson acquired an initial stake in the company in 1998.[4] In North America, the company currently operates two of the oldest continuously operated glass container plants in the country: Dunkirk, Indiana, opened in 1889, and Winchester, Indiana, opened in 1898.

It purchased Rockware Glass in 1999. In 2011, it purchased the metal packaging company Impress Group for €1.7 billion and Fi Par for €125 million. In August 2012, the company acquired Anchor Glass Container Corporation for $880 million. In January 2013, Ardagh Group agreed to acquire St-Gobain's Verallia North America for €1.3 billion. In 2012 it purchased the Rexam Glass Division.[3]

The company launched an initial public offering (IPO) in March 2017 on the New York Stock Exchange,[5] raising just over $300 million.[4]

gollark: Or Great Information Transfer.
gollark: Git stands for GIT Is Tremendous.
gollark: The stages of git clone are: Receive a "pack" file of all the objects in the repo database Create an index file for the received pack Check out the head revision (for a non-bare repo, obviously)"Resolving deltas" is the message shown for the second stage, indexing the pack file ("git index-pack").Pack files do not have the actual object IDs in them, only the object content. So to determine what the object IDs are, git has to do a decompress+SHA1 of each object in the pack to produce the object ID, which is then written into the index file.An object in a pack file may be stored as a delta i.e. a sequence of changes to make to some other object. In this case, git needs to retrieve the base object, apply the commands and SHA1 the result. The base object itself might have to be derived by applying a sequence of delta commands. (Even though in the case of a clone, the base object will have been encountered already, there is a limit to how many manufactured objects are cached in memory).In summary, the "resolving deltas" stage involves decompressing and checksumming the entire repo database, which not surprisingly takes quite a long time. Presumably decompressing and calculating SHA1s actually takes more time than applying the delta commands.In the case of a subsequent fetch, the received pack file may contain references (as delta object bases) to other objects that the receiving git is expected to already have. In this case, the receiving git actually rewrites the received pack file to include any such referenced objects, so that any stored pack file is self-sufficient. This might be where the message "resolving deltas" originated.
gollark: UPDATE: this is wrong.
gollark: > Git uses delta encoding to store some of the objects in packfiles. However, you don't want to have to play back every single change ever on a given file in order to get the current version, so Git also has occasional snapshots of the file contents stored as well. "Resolving deltas" is the step that deals with making sure all of that stays consistent.

References

  1. Ardagh Annual Report 2016
  2. Smith, Robert (16 January 2018). "Hot market greets 'super PIK' bonds sold by Irish billionaire". Financial Times. Retrieved 16 January 2018.
  3. "Ardagh Group completes Anchor Glass acquisition". RTÉ News. 20 August 2012.
  4. Boland, Vincent (14 March 2017). "Packaging maker Ardagh raises $300m in IPO". Financial Times. Retrieved 16 January 2018.
  5. "Packaging conglomerate Ardagh launches long-awaited IPO in New York". Reuters. 6 March 2017. Retrieved 16 January 2018.


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