Acquisition Expands TricorBraun Global Presence and Establishes Company Footprint in Australia and New Zealand
Posted: October 4, 2021 at 5:00 p.m. CDT|Update: 10 hours ago
ST. LOUIS, October 4, 2021 / PRNewswire / – Global packaging leader TricorBraun announced today that it has successfully completed the acquisition of Cormack Packaging (“Cormack”), a leading packaging supplier in Australia and New Zealand. The acquisition expands TricorBraun’s global presence and establishes TricorBraun’s footprint in the region.
âWith our acquisition of Cormack Packaging, TricorBraun is extremely proud to serve its customers with innovative and quality packaging solutions on all five continents,â said Court Carruthers, President and CEO of TricorBraun. âWe have great respect for the incredible business that the Cormack team has created, and we look forward to helping it grow. We are delighted to officially welcome Cormack Packaging to the TricorBraun family.
Serving customers with rigid packaging needs for over 80 years, Cormack primarily serves the food and beverage, pharmaceutical, personal care, industrial and home cleaning industries. Cormack now operates as Cormack Packaging, a TricorBraun company.
Since its inception, TricorBraun has partnered with management teams to successfully acquire and accelerate the growth of 28 packaging companies. Cormack marks TricorBraun’s third acquisition this year.
Financial terms were not disclosed.
Founded in 1902, TricorBraun is a global leader in packaging and North America largest distributor of primary packaging. We provide innovative solutions to a wide range of customer end markets in plastic and glass containers, closures, dispensers, tubing and hoses. Our award-winning design and engineering center delivers forward-thinking design, driven by consumer insight and creative solutions. As the world’s leading packaging buyer, we leverage our global supply chain expertise, our extensive and sustainable footprint, and unmatched purchasing power and scale to identify the best sourcing partners and providing cost effective solutions to our customers. TricorBraun operates from over 60 locations across the Americas, Europe, Asia, and Australia.
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