TUBEX, based in Rangendingen, Germany, has acquired Hungarian packaging manufacturer Matrametal.
Like Tubex, Matrametal is a manufacturer of aluminium packaging, with over 60 years of experience. Based in Sirtok, Hungary, Matrametal produces aluminium aerosol cans and aluminium tubes.
Tubex has been a packaging specialist for aluminium aerosol cans, aluminium tubes, aluminium cartridges and plastic tubes for the cosmetics, pharmaceutical, food and technology markets for over 70 years.
In the future, Tubex’s seven production sites will have a capacity of 700 million aerosol cans and 1.6 billion aluminium tubes. More than 1,700 people will work across the sites.
Cornelius Grupp, managing director of Tubex, commented: “The acquisition of Matrametal complements the strategic orientation of the Tubex Group in terms of location, customers, and market.”