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Bankrupt Tupperware factory back on auction for 10 million and admits retail sale possibility
Business

Bankrupt Tupperware factory back on auction for 10 million and admits retail sale possibility

Jornal de Negócios14 September 2026 at 16:00

The Tupperware industrial unit in Montalvo, which employed around 260 workers, is back on the auction block for 10 million euros. The factory stopped production at the beginning of last year, after the withdrawal of production and commercialization licenses for the brand in Portugal.

The company was declared insolvent following the loss of these licenses, which were withdrawn by the American brand Tupperware. The manufacturing facility, which can now be acquired by retail sector buyers, remains available on the judicial sales market.

The factory's closure represented a significant blow to the local economy of the Montalvo region, leaving hundreds of workers without their jobs. The new sale attempt comes at a time when the search is on for a buyer interested in maintaining industrial activity at the site or adapting the space for other commercial purposes.

Why this matters

The sale of the factory represents a milestone in the attempt to resolve Tupperware's insolvency in Portugal, directly affecting former workers and the local economy of Montalvo. The openness to retail sale, rather than only to another manufacturer, indicates a strategic shift that could significantly alter the future of the property and the region.

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This is our short summary of a report published by Jornal de Negócios on 14 September 2026 at 16:00; the full text stays with the publisher. In our feed it sits under Business. We currently carry 22669 items in that section.

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