Plas-Pak WA provides a range of plastic packaging and bespoke plastic products for clients in food, beverage, nutraceutical, pharmaceutical, agriculture, chemical, and industrial sectors
Global packaging company TricorBraun has announced the acquisition of Perth, Australia-based plastic packaging distributor and manufacturer Plas-Pak WA for an undisclosed sum.
Plas-Pak WA is engaged in the production of an expansive variety of plastic packaging components for customers in Australia and New Zealand.
The wholesale plastic supplier provides a range of plastic packaging and bespoke plastic products for clients in the food, beverage, nutraceutical, pharmaceutical, agriculture, chemical, and industrial sectors.
The acquisition is expected to grow TricorBraun’s Australian footprint to Western Australia. The company created its presence in West Australia via the purchases of PB Packaging in 2022 and Cormack Packaging in 2021.
TricorBraun ANZ managing director Andrew Allsop said: “Over the last four decades, Plas-Pak WA has built an exceptional reputation for innovation with a strong focus on sustainable products.
“This acquisition enables us to build on our customer service commitment in Western Australia, while offering our customers expanded services.
“We welcome the Plas-Pak WA team to the TricorBraun family, and we look forward to investing in the company’s continued growth.”
Under the terms of the deal, all members of the plastic products maker will stay with TricorBraun and continue to operate out of the Malaga, Perth, location of the business.
Plas-Pak WA will now be known as Plas-Pak WA, a TricorBraun firm, with immediate effect.
Plas-Pak WA commercial and operations advisor Stephen Kiss said: “At Plas-Pak, our commitment to strong customer service and high-quality products drives everything we do.
“We know TricorBraun shares that same passion, and we are delighted to join such a respected packaging leader.
“We look forward to continuing our service to customers, with TricorBraun’s support, resources, and investments in our growth.”
TricorBraun received financial advice from Canterbury Partners.
Since its inception, TricorBraun has worked with management teams to acquire and further expedite the growth of 42 packaging firms worldwide