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Mexico's Envases Universales Group agreed to buy the HUBER Packaging Group, a European tinplate packaging maker with about 900 employees and plants in Germany, Austria, Switzerland, UK and Hungary. VIRETUM CONSULT acted as sole financial advisor to the shareholders.
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.