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New Deal


Announced

Completed

TricorBraun completed the acquisition of Cormack Packaging.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Containers and Packaging

Majority

Acquisition

Private

Cross Border

Australia

packaging solutions

Single Bidder

Friendly

Completed

Synopsis

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TricorBraun, a provider of rigid packaging services, completed the acquisition of Cormack Packaging, a manufacturer and distributor of specialized packaging to the personal care, pharmaceutical, household cleaning, food, beverage and cosmetic industries. Financial terms were not disclosed. "We are incredibly excited to mark our first entry into Australia with the acquisition of Cormack. Mathew Cormack and his team have established the company as a respected leader in the market over many decades. We are pleased to welcome Cormack to the TricorBraun family, and we look forward to helping the team continue its strong growth while serving customers with innovative and quality packaging solutions," Court Carruthers, TricorBraun President and CEO.

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