# KCE acquires CTL-TH Packaging Group

KCE (Kaizaharra Corporación Empresarial) has acquired CTL-TH Packaging Group, a flexible tube manufacturer with plants in Vitoria, Barcelona and Vichy, and a turnover of over €70 million in 2019.

- Type: Acquisition
- Announced: 2020-03-05
- Where: Vitoria, Barcelona, Vichy, Spain
- Status: completed
- Products: flexible tubes, extruded tubes, injected tubes, laminated tubes
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [KCE](https://endata.com/companies/45748.md) (acquirer)
- [CTL-TH Packaging](https://endata.com/companies/45749.md) (target)

## Sources

- [cossma.com](https://www.cossma.com/business/article/kce-acquires-ctl-th-packaging-ctltuboplast-36104.html), 2020-03-05: "We are very excited to work with the CTL / Tuboplast teams and take advantage of their experience, technological and innovation capacity."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
