ST. LOUIS – TricorBraun announced on Friday that it has signed an agreement to acquire German glass packaging distributor Gläser & Flaschen GmbH.
The acquisition expands TricorBraun’s European presence and strengthens its position as a leading packaging supplier in Europe.
“Gläser & Flaschen has built a strong business known for quality, innovation and technical expertise,” said Declan McCarthy, President of TricorBraun Europe. “We are delighted to partner with the excellent team at Gläser & Flaschen to offer more supply chain options to customers, while investing in their continued growth and expansion. We welcome Gläser & Flaschen to the TricorBraun family.
Serving customers for nearly 20 years, Gläser & Flaschen is a leading supplier of high quality glass packaging for the growing food canning market. The company operates from a state-of-the-art distribution and operations center in Wustermark (Brandenburg, Germany).
“We have such an intense passion for our business, our talented team, our customers and suppliers, and our strong community in the world of canned foods – we knew we needed an exceptional partner as we embark on our next phase. growth,” said Stefanie Burmeister. , Managing Director, Gläser & Flaschen. “TricorBraun’s world-class reputation, combined with a focus on team members, customer service and a focus on growth make it our ideal home.”
All Gläser & Flaschen team members will remain with TricorBraun and continue to work at the company’s existing site. Upon closing of the transaction, Gläser & Flaschen will operate as Gläser & Flaschen, a TricorBraun company.
Since its inception, TricorBraun has partnered with management teams to successfully acquire and accelerate the growth of 37 packaging companies worldwide. The transaction is expected to close in November.