Ball acquires Brazilian Tubex Aluminum Aerosol Packaging Business

Strengthening sustainable beverage packaging in the US

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Tubex
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,…

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