TricorBraun has acquired yet another packaging company, marking its twelfth in three years. TricorBraun, North America’s largest distributor of primary packaging, including for private label products, has entered an agreement to acquire Cormack Packaging. In doing so, TricorBraun has expanded for the first time into the Australia and New Zealand markets. They currently operate from more than 50 locations around the globe.
“We are incredibly excited to mark our first entry into Australia with the acquisition of Cormack,” said Court Carruthers, president and CEO of TricorBraun. “Mathew Cormack and his team have established the company as a respected leader in the market over many decades. We are pleased to welcome Cormack to the TricorBraun family, and we look forward to helping the team continue its strong growth while serving customers with innovative and quality packaging solutions.”
Founded in 1902, TricorBraun provides solutions across a wide array of customer end markets in plastic and glass containers, closures, dispensers, tubes and flexibles. Cormack has been in business for over 80 years, and primarily serves the food and beverage, pharmaceutical, personal care, industrial and household cleaning industries.
“Joining the world-class TricorBraun team is the next great growth chapter in Cormack Packaging’s 82-year history,” said Mathew Cormack, managing director of Cormack Packaging. “I am truly excited for the opportunities this brings to Cormack Packaging to better serve this region’s customers. Sharing like values, as well as a common passion and commitment to be the best partner for our valued customers, make TricorBraun the ideal home for Cormack Packaging to thrive.”