Announced
Completed
Financials
Tags
Single Bidder
Acquisition
Cross Border
United States
rigid packaging
Majority
Friendly
Private Equity
Containers and Packaging
Private
Completed
Synopsis
Investment companies Ares and OTPP completed the acquisition of a majority stake in TricorBraun, an American designer and distributor of rigid packaging, from AEA Investors, a private investment firm. Financial terms were not disclosed. "We believe that TricorBraun's deep expertise, entrepreneurial approach, strong track record, and exceptional culture differentiate the company from its peers. We look forward to working with Court and TricorBraun's strong management team to drive the next phase of the Company's growth, both organically and through strategic acquisitionsm," Brian Klos, Ares Partner.
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