CANADA – US-based packaging company TricorBraun has completed the acquisition of Canada-based rigid packaging provider Merlot Packaging for an undisclosed sum.
Based in Vancouver, Merlot Packaging supplies injection-molded packaging components across North America.
The company specializes in closure systems such as child-resistant closures, continuous thread caps, dispensing closure systems and liner selection seals.
It has been serving customers in the nutraceutical segment for almost ten years.
TricorBraun president and CEO Court Carruthers said: “Our acquisition of Merlot Packaging continues our long history of strategic investment and growth in Canada.
“We look forward to combining the expertise of TricorBraun and Merlot to serve nutraceutical customers across North America.”
With the addition of Merlot Packaging to its portfolio, TricorBraun has increased its coverage in North America reaching more clients and anticipating more growth.
Based in Missouri, the company offers plastic, glass and aluminum containers, closures, dispensers, tubes and flexibles across a wide range of customer end markets.
TricorBraun also operates a Design and Engineering Centre, which provides ‘forward-thinking design driven by consumer insight and creative solutions.
Since its establishment in 1902, TricorBraun has partnered with management teams to acquire and expedite the growth of 38 packaging companies worldwide.
Earlier last month, the company agreed to acquire Gläser & Flaschen, a German company that supplies mason jars, bottles, cooking accessories and high-quality glass packaging for the preserved food market.
Gläser & Flaschen has an advanced distribution and operations center in Wustermark, Brandenburg, and serves commercial and private customers both at home and abroad.
The acquisition is intended to bolster TricorBraun’s position as a packaging provider in Europe by expanding its footprint on the continent.
Meanwhile, in September this year, TricorBraun also completed its acquisition of industrial container services provider Mark’s Barrel Company (MBC).
MBC specializes in refurbishing and recycling industrial containers, including steel and plastic barrels, drums, and intermediate bulk containers (IBCs).
The firm’s services aim to help customers reduce their environmental impact while offering an effective but cheaper alternative to new purchases.
Following the acquisition, TricorBraun retained all of MBC ‘s employees, who continue to work from the company’s existing location near Salt Lake City, Utah.
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