# Colep and Envases to build aerosol packaging plant in Mexico with over $30M initial investment

Colep Packaging and the Envases Group signed a joint venture agreement, based on a 50/50 shareholding, to build an aerosol packaging plant in Mexico. The total initial investment is more than $30 million over two years.

- Type: New facility
- Announced: 2023-10-23
- Where: Mexico
- Value: $30.0M
- Status: announced
- Products: aluminium aerosol cans, aerosol packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Envases Group](https://endata.com/companies/7319.md) (partner)
- [Colep Packaging](https://endata.com/companies/9548.md) (partner)

## Sources

- [canmakingnews.com](https://www.canmakingnews.com/issues/news-in-brief/colep-and-envases-to-build-aerosol-packaging-plant-in-mexico/), 2023-10-23: "will represent a total initial investment of more than 30 million dollars over a period of 2 years."

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