Tricorbraun Acquires Pb Packaging

Jun 26, 2022•about 3 years ago

Acquiring Company

TricorBraun

Acquired Company

PB Packaging

St. Louis

Description

Global packaging leader TricorBraun announced today that it has successfully completed its acquisition of PB Packaging ("PB"), a leading Australian provider of plastic and glass packaging. The acquisition grows TricorBraun's presence in Australia and continues the company's global expansion.

Company Information

Company

TricorBraun

Location

St. Louis, Missouri, United States

About

Founded in 1902, TricorBraun is North America's largest distributor of primary packaging. We provide innovative solutions across a wide array of customer end markets in plastic and glass containers, closures, dispensers, tubes and flexibles. Our award-winning Design & Engineering Center provides forward-thinking design, driven by consumer insight and creative solutions. As a leading purchaser of packaging in the world, we leverage our global supply chain expertise, expansive and sustainable footprint, and unmatched purchasing power and scale to identify the very best sourcing partners and provide cost-effective solutions for our customers. TricorBraun operates from more than 50 locations globally. Visit tricorbraun.com. SOURCE TricorBraun

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed

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