AEA's TricorBraun to acquire packaging company Salbro Bottle

TricorBraun Inc, a portfolio company of U.S. private equity firm AEA Investors, has agreed to acquire Salbro Bottle Inc, a Woodbridge, Ontario-based manufacturer and distributor of packaging solutions. No financial terms were released. Founded in 1990, Salbro specializes in providing creative plastic containers, glass containers and closures. St. Louis, Missouri-based TricorBraun, which operates in the same industry, said the acquisition will expand its reach and presence in the Canadian market. TricorBraun was acquired by AEA last year from CHS Capital. Update: Salbro is backed by Crosswinds Holdings, a Canadian private equity firm.

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