Ball acquires Brazilian Tubex Aluminum Aerosol Packaging Business

Strengthening sustainable beverage packaging in the US

Ball manufactures both steel and aluminum aerosol packaging that can be filled with a diverse range of products. Photo - Ball

Ball Corporation has completed the acquisition of Tubex Industria E Comercio de Embalagens for US$ 80 million (approximately Rs 585 crore). The deal also includes a potential earn-out payment.

Tubex is an impact extruded aluminum aerosol packaging business that includes a manufacturing plant in Itupeva, which is near Sao Paolo, Brazil. The Itupeva plant includes eight extruded aluminum aerosol can lines and produces personal care packaging for global and local customers in 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. According to Ball, the purchase will enhance the firm’s presence in South America to meet the increasing demand for innovative, sustainable beverage packaging in the US.

Based in suburban Denver, Ball Corporation supplies innovative, sustainable packaging solutions for beverage, personal care, household products customers, and aerospace and other technologies and services primarily for the US government.

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future.

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