{"id":4678,"date":"2025-01-08T00:00:19","date_gmt":"2025-01-08T05:00:19","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=4678"},"modified":"2025-01-08T00:00:19","modified_gmt":"2025-01-08T05:00:19","slug":"tricorbraun-to-acquire-european-packaging-providers-euroglas-and-glaspack","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=4678","title":{"rendered":"TricorBraun to acquire European packaging providers Euroglas and Glaspack"},"content":{"rendered":"<p> <br \/>\n<br \/><\/p>\n<div>\n<p><a href=\"https:\/\/www.packagingstrategies.com\/articles\/105269-tricorbraun-acquires-vertiv-containers\" id=\"\">TricorBraun<\/a>, a global packaging leader based in St. Louis, Missouri, announced today that it has entered into an agreement to acquire German-based Euroglas and Austrian-based Glaspack, distributors of rigid packaging solutions for the European market. These acquisitions expand TricorBraun\u2019s packaging footprint in the DACH region (Germany, Austria, Switzerland).<\/p>\n<p>\u201cEuroglas and Glaspack are known for their quality, innovation, and customer service, and they\u2019ve built longstanding businesses with impressive reputations,\u201d said <strong>Mark O\u2019Bryan, COO of TricorBraun<\/strong>. \u201cCombining Euroglas\u2019 and Glaspack\u2019s expertise in key end markets with TricorBraun\u2019s own supply chain and regional penetration will provide new opportunities to support our customers\u2019 growth in Europe.\u201d<\/p>\n<p>Both founded in 1992, Euroglas and Glaspack are family-run companies. Euroglas is one of Europe\u2019s leading suppliers of high-quality glass packaging. The company provides stock and custom packaging for the food, beverage, and spirits sectors. Glaspack provides stock and custom packaging for the wine, beer, and food sectors and is a leading supplier of wine packaging for the Austrian market.<\/p>\n<p>\u201cJoining TricorBraun is an exciting new chapter for us,\u201d said <strong>Cristoph J\u00e4ckle, Managing Director, Euroglas<\/strong>. \u201cBy working together we can provide access to global resources and expertise while maintaining our dedication to quality and local customer service.\u201d<\/p>\n<p>All Euroglas and Glaspack team members will remain with TricorBraun and continue to work out of the companies\u2019 existing locations. Effective upon the close of the transaction, Euroglas will be known as Euroglas, a TricorBraun company, and Glaspack will be known as Glaspack, a TricorBraun company.<\/p>\n<p>Since its founding, TricorBraun has partnered with management teams to successfully acquire and accelerate growth for many packaging companies worldwide.<\/p>\n<p>The transaction is expected to close in the first quarter of 2025, subject to receiving the required regulatory approvals.<\/p>\n<p>Proventis Partners, a member of Mergers Alliance, acted as financial advisor and Linklaters served as legal advisor to TricorBraun on the transaction.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.packagingstrategies.com\/articles\/105320-tricorbraun-to-acquire-european-packaging-providers-euroglas-and-glaspack\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TricorBraun, a global packaging leader based in St. Louis, Missouri, announced today that it has entered into an agreement to acquire German-based Euroglas and Austrian-based Glaspack, distributors of rigid packaging solutions for the European market. These acquisitions expand TricorBraun\u2019s packaging footprint in the DACH region (Germany, Austria, Switzerland). \u201cEuroglas and Glaspack are known for their [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":4679,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[165],"tags":[233,90,1819],"class_list":["post-4678","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-packaging-news","tag-glass-packaging","tag-mergers-acquisitions-ma","tag-tricorbraun"],"_links":{"self":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/posts\/4678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4678"}],"version-history":[{"count":0,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/posts\/4678\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/media\/4679"}],"wp:attachment":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}