Announced

Trioworld to acquire Palamy and BRJ.

Synopsis

Trioworld, a company providing packaging solutions based on polyethylene film, agreed to acquire Palamy, a specialist in the development and production of innovative polyethylene film, flexographic printing and packaging solutions for the food, industrial and medical sectors, and BRJ, a company specialized in high-definition flexographic printing, laminated plastic film solutions and special applications for food. Financial terms were not disclosed. “We are looking forward to welcoming Palamy-BRJ to the Trioworld Group. The acquisition will give us the opportunity to grow an even stronger position in the market for advanced food packaging solutions in Europe. Both companies have a long and proven history of supplying premium products with a superior service and we have great confidence in the Palamy-BRJ team. We see great potential in joining forces and continuing a successful journey together,” Andreas Malmberg, Trioworld Group CEO.

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