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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.
Colep Packaging and Envases Group signed a 50/50 joint venture to build an aerosol packaging plant in Mexico with a total initial investment of more than $30 million over two years. The first stage will use three aluminium aerosol lines.
Colep Packaging and Envases Group signed a joint venture agreement to build an aerosol packaging plant in Mexico, initially with three aluminium aerosol lines serving Mexico and Central America. The announcement is dated 23 October 2023.
Envases Europe, a subsidiary of Envases Group, agreed to acquire Huber Packaging Group, a German maker of tinplate and plastic packaging with about 900 employees at six European sites. The deal, subject to competition review, is expected to close in Q1 2021.
Envases Group announced plans for its first aluminum can production and distribution center in Waco, Texas, with 120 jobs and over $100 million in capital investment. Opening is projected for late 2021.
