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New Deal


Announced

Ball to acquire Tubex Aluminum Aerosol Packaging for $80m.

Financials

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Transaction Value£61m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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industrial packaging

Majority

Containers and Packaging

Private

Single Bidder

aluminium industry

Pending

Brazil

packaging services

Acquisition

Friendly

Cross Border

Synopsis

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Ball, a supplier of innovative packaging solutions, agreed to acquire Tubex Industria E Comercio de Embalagens, an aluminium aerosol packaging business, from Tubex Holding, a holding company, for $80m. "As the demand for sustainable aluminum packaging continues to grow among customers and consumers worldwide, this investment allows us to broaden our geographic reach and serve this expanding market as one of the leading aluminum aerosol suppliers in Brazil," John A. Hayes, Ball Chairman, President and CEO.

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