TricorBraun acquires rigid packaging distributor Price Container and Packaging

AEA Investors-backed TricorBraun, a primary packaging distributor, has wrapped up its acquisition of Price Container and Packaging, a rigid packaging distributor which caters mainly to the industrial and food markets.

The financial terms of the deal were not disclosed.

Court Carruthers – president and CEO of TricorBraun said: “Our acquisition of Price Container is an important part of our strategy to create a new industrial packaging platform.

“We are excited to serve customers with their industrial packaging needs, and we are proud to officially welcome Price Container to the TricorBraun family.”

TricorBraun acquires rigid packaging distributor Price Container and Packaging

Price Container and Packaging, which is claimed to be an industrial packaging major with about 20 years of expertise, is now operating as Price Container, a TricorBraun company.

TricorBraun has so far acquired and integrated over 20 companies in the last 25 years. Price Container and Packaging is the company’s eighth acquisition in the last three years.