AEA-backed TricorBraun acquires Taipak Enterprises
TricorBraun Inc has acquired Taipak Enterprises Ltd, a Richmond, British Columbia-based provider of standard and custom flexible packaging solutions. No financial terms were released. TricorBraun, a St. Louis, Missouri-based distributor of rigid plastic and glass bottles and closures, said the deal marks its entry into the flexible packaging space. It added that Taipak's current owners, Joey Lin and Charanjit Hayre, will continue to manage the business. TricorBraun, a portfolio company of U.S. private equity firm AEA Investors, earlier this year acquired Salbro Bottle Inc.
20 November 2017•3 mins read
