Trioworld completed the acquisition of Malpack.

Trioworld Group, an industrial equipment supplier, completed the acquisition of Malpack, a manufacturer of plastics and industrial pre-stretch films. Financial terms were not disclosed. “We are very excited to open a new chapter in the Malpack growth journey. We see Trioworld as a uniquely positioned strategic sponsor and partner that will help us to accelerate plans to take our North American business to the next level. Malpack and Trioworld, are fully aligned on decarbonizing the industry by ambitiously developing and bringing circular solutions to the market. The ability to share our extensive experiences, innovations, and best practices across our combined entities will creating immense value for our customers and fast-track product development and sustainability driven initiatives," Ricardo Cardoso, Malpack CEO.