Acquisition Expands TricorBraun's Presence in Canada
Global packaging leader TricorBraun announced today that it has acquired Vancouver-based Merlot Packaging, further expanding its presence in Canada.
Merlot Packaging is a rigid packaging distributor specializing in high-quality closures, serving customers in the nutraceutical segment for nearly a decade.
“Our acquisition of Merlot Packaging continues our long history of strategic investment and growth in Canada,” said Court Carruthers, president and CEO, TricorBraun. “We look forward to combining the expertise of TricorBraun and Merlot to serve nutraceutical customers across North America.”
Since its founding, TricorBraun has partnered with management teams to successfully acquire and further accelerate growth for 38 packaging companies globally.
Financial terms were not disclosed.
Source: Company Press Release