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Pusterla 1880 officially inaugurated a new luxury packaging plant in Sousse, Tunisia, with about 260 employees and an initial investment of EUR 4 million, plus EUR 3 million planned for later phases.
Crown Holdings is investing in its plant in the El Agba region near Tunis, doubling its annual capacity to more than 1.2 billion beverage cans.
Tunisian group UTIC merged its subsidiary STEM with the Tunisian subsidiaries of Austria's Mayr-Melnhof Packaging (TEC MMP and MMP Tunisia), creating a leader in folding carton and fluting paper in Tunisia. MCF advised UTIC on the deal, announced in May 2017.