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New Deal


Announced

TricorBraun to acquire Vetroelite from LBO France.

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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glass containers

Pending

Glass

Single Bidder

Private Equity

Cross Border

Majority

Containers and Packaging

Friendly

Italy

Private

Acquisition

Synopsis

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TricorBraun, a global packaging provider, agreed to acquire Vetroelite, a manufacturer of glass containers and bottles, from LBO France, a private equity firm. Financial terms were not disclosed. “We are very pleased to expand our European presence with the acquisition of Vetroelite. The Vetroelite team has established a strong reputation for high-quality, innovative packaging solutions, fueled by deep expertise and dedicated customer service. We are proud to welcome Vetroelite to the TricorBraun family, and look forward to supporting Vetroelite’s continued growth," Court Carruthers, TricorBraun President and CEO.

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