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

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.