TricorBraun wraps up acquisition of Cormack Packaging
TricorBraun has wrapped up its previously announced acquisition of Cormack Packaging, a packaging supplier in Australia and New Zealand.
The financial terms of the deal were not disclosed.
TricorBraun said that the acquisition of Cormack Packaging grows its global footprint while establishing its presence in the region.
The deal was announced by the US rigid packaging solutions provider last month.
Court Carruthers — president and CEO of TricorBraun said: “With our acquisition of Cormack Packaging, TricorBraun is immensely proud to serve customers with innovative and quality packaging solutions from five continents.
“We have great respect for the incredible business the Cormack team has created, and we look forward to helping it grow. We are pleased to officially welcome Cormack Packaging to the TricorBraun family.”
Cormack Packaging has been catering to customers with rigid packaging requirements for over eight decades. The company mainly works with the food and beverage, personal care, industrial, pharmaceutical, and household cleaning industries.
The company will now operate as Cormack Packaging, a TricorBraun company.