Announced
Financials
Tags
industrial packaging
Majority
Containers and Packaging
Private
Single Bidder
aluminium industry
Pending
Brazil
packaging services
Acquisition
Friendly
Cross Border
Synopsis
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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