Loading…
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.
TUBEX Holding GmbH of Rangendingen, Germany acquired Hungarian packaging manufacturer Mátrametál Kft, which produces aluminium aerosol cans and tubes in Sirok. Terms were not disclosed.
Ball Corporation agreed to buy Tubex Industria e Comercio de Embalagens for $80 million plus a potential earn-out, gaining an aluminum aerosol can plant near Sao Paulo with eight extruded can lines.