Aurora Capital Group, a Los Angeles-based private equity firm, has acquired the Alltub Group for an undisclosed sum.
Headquarterd near Paris, France, Alltub manufactures collapsible aluminum tubes operating from four facilities in Europe and one in America (in the Czech Republic, Italy, France and Mexico).
Led by CEO Thierry Bitout, the company has annual production capacity in excess of 1.5 billion tubes and serves multinationals in end markets such as cosmetics, pharmaceuticals and food.
The investment is expected to help the business grow both organically and through strategic acquisitions.
FinSMEs
14/12/2011