Acquisitions

Empaque

On February 18, 2015, the Company completed its acquisition of Empaque, a leading manufacturer of beverage packaging in Mexico, from Heineken N.V., for $1.2 billion. The addition of Empaque significantly increases the Company's presence in the growing Mexican market and substantially enhances the Company's strategic position in beverage cans and its presence in the growing Mexican market. In conjunction with the acquisition the Company acquired intangible assets which included $254 of customer relationships that will be amortized over 18 years and $189 for long-term supply contracts that will be amortized over 15 years, and assigned goodwill of $618 to the Americas Beverage segment.

Mivisa

On April 23, 2014 , the Company completed its acquisition of Mivisa Envases, S.A.U. (“Mivisa”) for $733, net of $28 in cash acquired, plus $977 of debt assumed. Mivisa, based in Murcia, Spain, primarily serves the vegetable, fruit, fish and meat markets and is the largest food can producer in both the Iberian Peninsula and Morocco. In conjunction with the acquisition the Company acquired intangible assets which included $14 of acquired trademarks that were fully amortized in 2014 and $281 of customer relationships that will be amortized over 13 years, and assigned goodwill of $938 to the European Food segment.

Pro-forma data

The following unaudited supplemental pro-forma data presents consolidated information as if the Empaque and Mivisa acquisitions had been completed on January 1, 2014. These amounts were calculated after conversion to U.S. GAAP, applying the Company's accounting policies and adjusting Empaque's and Mivisa's results to reflect the additional depreciation and amortization that would have been charged assuming the fair value of property, plant and equipment, inventory and intangible assets had been applied from the assumed completion dates. These adjustments also reflect interest expense incurred on the debt to finance the acquisition and related transaction costs.



	Pro-forma data for the year ended December 31,
	2015		2014
Net sales	$	8,837	$	9,955
Net income attributable to Crown Holdings	415		426

Pro-forma results exclude the potential realization of cost savings relating to integration of the companies and the impact of divestitures required to obtain regulatory approval for the Mivisa acqusition. Further, the pro-forma data should not be considered indicative of the results that would have occurred if the acquisition and related financing had been consummated on the assumed completion dates, nor are they indicative of future results.