# KCE acquires Tuboplast's North Carolina packaging subsidiary CTL Packaging USA

Private equity group KCE of Bilbao, Spain completed the acquisition of CTL Packaging USA Inc., the U.S. manufacturing subsidiary of Corporacion Juan Celaya located in North Carolina, via a stock deal.

- Type: Acquisition
- Announced: 2020-10-26
- Where: North Carolina, United States
- Status: completed
- Products: plastic packaging tubes
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Kaizaharra Corporacion Empresarial](https://endata.com/companies/7147.md) (acquirer)
- [Corporacion Juan Celaya](https://endata.com/companies/7148.md) (partner)
- [CTL Packaging USA](https://endata.com/companies/7149.md) (target)

## Sources

- [rclawus.com](https://rclawus.com/corporacion-juan-celaya/), 2020-10-26: "KCE had previously acquired the European operations of CJC and was successful in completing the acquisition of the U.S. operations following the attempts of two other bidders."

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