Announced
Completed
Financials
Sources
Tags
Single Bidder
Cross Border
Containers and Packaging
Majority
Friendly
Private
Completed
Netherlands
luxury packaging
Acquisition
Synopsis
TriMas, a manufacturer of engineered products, completed the acquisition of Aarts Packaging, a luxury packaging solutions provider. Financial terms were not disclosed. “We are excited to announce the addition of Aarts Packaging to the TriMas Packaging family of businesses. This acquisition will broaden TriMas Packaging’s presence in beauty applications, adding a variety of cosmetic dispenser closures and beauty packaging design solutions. Aarts Packaging also provides products for food packaging and medical applications, expanding our existing presence in those core end markets. We expect Aarts Packaging’s customers to benefit from TriMas Packaging’s broad product offering, expanded design resources, global manufacturing footprint and continued investment in Aarts Packaging’s production capabilities,” Thomas Amato, TriMas President and CEO.
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