TricorBraun has entered into an agreement to acquire European glass packaging suppliers Euroglas and Glaspack.
These acquisitions will expand TricorBraun’s packaging footprint in the DACH region (Germany, Austria, and Switzerland).
The transaction is expected to close in the first quarter of 2025, subject to having received required regulatory approvals.
Mark O’Bryan, COO of TricorBraun, said: “Euroglas and Glaspack are known for their quality, innovation, and customer service, and they’ve built longstanding businesses with impressive reputations.
“Combining Euroglas’ and Glaspack’s expertise in key end markets with TricorBraun’s own supply chain and regional presence will provide new opportunities to support our customers’ growth in Europe.”
Euroglas provides packaging for the food, beverage, and spirits sectors, while Glaspack provides packaging for the wine, beer, and food sectors.
Cristoph Jäckle, Managing Director, Euroglas, said: “Joining TricorBraun is an exciting new chapter for us.
“By working together, we can provide access to global resources and expertise while maintaining our dedication to quality and local customer service.”
All Euroglas and Glaspack team members will remain with TricorBraun and continue to work out of the companies’ 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.
