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Ringmetall Buys Majority Stake in South Africa-based Tesseraux

MT Newswires·08/14/2026 02:02:05
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02:02 AM EDT, 08/14/2026 (MT Newswires) -- Ringmetall (HP3A.F) said Friday it acquired a 75.1% stake in Tesseraux, a South Africa-based special packaging company, for an undisclosed sum. The German specialist industrial packaging supplier also agreed to a call option for the remaining 24.9% interest in the company. Tesseraux produces bag-in-box systems for the wine, juice, and system catering industries.