Ball Corporation finalized its acquisition of Tubex, a Brazilian aluminum aerosol packaging company, for which it signed a purchase agreement in March.
Tubex has been integrated into Ball’s Americas-, Europe-, and India-based aluminum packaging segments. The acquisition of the plant, located in Itupeva, Brazil, has eight extruded aluminum aerosol can lines, which manufacture products for the domestic and export markets. The facility employs around 300 workers.
Ball Corporation produces recyclable aluminum packaging products for the food, beverage, and household goods industries. It also provides services and solutions for the aerospace and technological sectors.