Industry News, Mergers and Acquisitions

Ball Corporation to Acquire Tubex Aluminum Aerosol Packaging Facility in Brazil

The plant will become part of Ball's aluminum aerosol packaging division.

Author Image

By: Anthony Locicero

Copy editor, New York Post

Ball Corporation entered into a purchase agreement to acquire Tubex Industria E Comercio de Embalagens Ltda, an aluminum aerosol packaging business with a plant near Sao Paolo, Brazil, along with associated contracts and other related assets for $80 million, plus a potential earn-out. Closing is subject to customary closing conditions. The Sao Paolo-area plant includes eight extruded aluminum aerosol can lines, which produce personal care packaging for global and local customers located in Bra...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters