Ares and OTPP completed the acquisition of a majority stake in TricorBraun.

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.