# Multitubes Group acquires Tubex plastic tubes business in Wasungen

Tubex Group sold its extruded plastic tubes business of German subsidiary Tubex Wasungen to PE-backed Multitubes Group through an asset deal. The deal was advised by MP Corporate Finance.

- Type: Acquisition
- Announced: 2022-12-15
- Where: Wasungen, Germany
- Status: completed
- Products: extruded plastic tubes
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [MP Corporate Finance](https://endata.com/companies/605.md) (partner)
- [Tubex](https://endata.com/companies/6229.md) (partner)
- [Multitubes Group](https://endata.com/companies/10012.md) (acquirer)

## Sources

- [mp-corporatefinance.com](https://www.mp-corporatefinance.com/deals/tubex-group-sold-its-extruded-plastic-tubes-business-to-multitubes-group/), 2022-12-15: "Tubex Group ... sold its extruded plastic tubes business of their German subsidiary Tubex Wasungen to PE-backed Multitubes Group via an asset deal."

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