Global packaging distributor TricorBraun has entered into an agreement to acquire Cormack Packaging, a leading packaging supplier in Australia and New Zealand for an undisclosed sum.
Cormack Packaging is an Australian family-owned business, with over 80 years of experience in the packaging sector providing solutions to leading brands across several markets such as food, beverage, personal care, pet care, and pharmaceutical among others.
“We are incredibly excited to mark our first entry into Australia with the acquisition of Cormack,” said Court Carruthers, president, and CEO, 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”.
Cormack Packaging is the third acquisition made by TricorBraun this year.