TricorBraun to acquire Vetroelite from LBO France.

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.