TricorBraun buys glass packaging company CBC and affiliate DiBro

2022-09-10 05:55:54 By : Mr. Mike Lin

All CBC and DiBro employees will be transferred to TricorBraun following the deal.

US-based rigid packaging company TricorBraun has acquired British glass packaging provider Continental Bottle Company (CBC) and glass decorator DiBro.

The acquisitions are part of TricorBraun’s ongoing expansion within Europe.

The financial terms of the transaction have not been disclosed.

CBC provides primary glass packaging for companies of all sizes in the cosmetic and fragrance industries.

The company supplies an extensive range of more than 100 different styles of glass bottles both domestically and internationally.

DiBro is an affiliate of CBC and specialises in glass decoration for the spirits, wine, cosmetic and fragrance sectors.

TricorBraun president and CEO Court Carruthers said: “Continental Bottle Company and DiBro have been leaders in the UK packaging industry for decades.

“We are pleased to partner with these trusted companies—enabling us to offer new products and expanded supply chain options to customers—while investing in their continued growth.

“We are thrilled to welcome these outstanding teams to the TricorBraun family.”

Following the acquisition, TricorBraun will retain all CBC and DiBro’s team members and both companies will continue to operate from their existing locations.

CBC and DiBro will operate as separate, stand-alone businesses under the names Continental Bottle, a TricorBraun company, and DiBro, a TricorBraun company, with immediate effect.

CBC managing director and DiBro managing director Lee Emsden said: “Given the excellent reputation and long-standing customer and supplier relationships we’ve built over many years, finding the right partner for our next stage of growth was crucial.

“TricorBraun’s focus on team members and delivering for customers with a keen emphasis on growth makes it our ideal home.”

Last month, TricorBraun agreed to acquire Australian packaging provider PB Packaging, a wholly owned subsidiary of Pro-Pac Packaging.

PB Packaging supplies plastic and glass packaging for the health, industrial, food and automotive industries.

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