Ball Completes Acquisition of Tubex Aluminum Aerosol Packaging Business in Brazil
Ball Corporation (NYSE: BLL) has successfully acquired Tubex Industria e Comercio de Embalagens Ltda., an aluminum aerosol packaging provider with a plant in Itupeva, Brazil. This acquisition enhances Ball's aluminum aerosol packaging division, complementing its operations in the Americas, Europe, and India. The Itupeva facility features eight production lines dedicated to personal care packaging, catering to both local and global clients in Brazil. This strategic move aims to expand Ball's market presence and production capacity in the growing aerosol packaging sector.
- Acquisition of Tubex enhances Ball's aluminum aerosol packaging division.
- Itupeva plant adds eight aerosol can production lines.
- Strengthens Ball's presence in the growing Brazilian market.
- None.
BROOMFIELD, Colo., Aug. 31, 2020 /PRNewswire/ -- Ball Corporation (NYSE: BLL) has completed the acquisition of Tubex Industria E Comercio de Embalagens Ltda., an impact extruded aluminum aerosol packaging business that includes a manufacturing plant in Itupeva, which is near Sao Paolo, Brazil.
The business, now part of Ball's aluminum aerosol packaging division, complements Ball's global aluminum aerosol and slug business in the Americas, Europe and India. The Itupeva plant includes eight extruded aluminum aerosol can lines, and produces personal care packaging for global and local customers in Brazil.
About Ball Corporation
Ball Corporation supplies innovative, sustainable packaging solutions for beverage, personal care and household products customers, as well as aerospace and other technologies and services primarily for the U.S. government. Ball Corporation and its subsidiaries employ more than 18,300 people worldwide and 2019 net sales were
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SOURCE Ball Corporation
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