TricorBraun Completes Acquisition of Euroglas and Glaspack to Expand European Presence
TricorBraun Expands Its Footprint in Europe with Key Acquisitions
TricorBraun, a prominent global leader in packaging solutions, has successfully completed the acquisition of two notable packaging companies, Euroglas and Glaspack, significantly enhancing its operations in the European market. Announced on March 31, 2025, this strategic move is aimed at bolstering TricorBraun's presence within the DACH region—comprising Germany, Austria, and Switzerland.
Mark O'Bryan, Chief Operating Officer (COO) of TricorBraun, expressed excitement about the expansion into Europe. He stated, "We are pleased to increase our footprint in Europe and to welcome two companies renowned for their quality packaging and exceptional customer service." The combined expertise of Euroglas and Glaspack ensures that TricorBraun will be equipped to meet the diverse needs of its European clients, while also adhering to high standards of product quality.
Founded in 1992, Euroglas has established itself as a leading supplier of high-quality glass packaging across Europe. The company specializes in both stock and custom packaging solutions catered to the food, beverage, and spirits industries. As a key player in the glass packaging sector, Euroglas has earned a reputation for its commitment to quality and reliability.
Similarly, Glaspack, also founded in 1992 and based in Austria, focuses on providing stock and custom packaging solutions, particularly within the wine, beer, and food sectors. As one of the main suppliers of packaging for the wine market in Austria, Glaspack brings valuable insights and industry knowledge to the TricorBraun portfolio.
Cristoph Jäckle, Managing Director of Euroglas, commented on the acquisition, stating, "We are thrilled to join a global packaging leader with a strong commitment to the European market. This new chapter in our journey will allow us to enhance our reach and service capabilities while providing more comprehensive packaging options."
Johannes Jäckle, Head of Sales at Glaspack, added, "Partnering with TricorBraun allows us to join a coalition of European entrepreneurs. We can merge our passion for packaging with TricorBraun’s global footprint to deliver optimal solutions for our clients."
The specific financial terms of this acquisition have not been disclosed. However, it marks a significant step for TricorBraun as it solidifies its foothold in the European packaging market. To facilitate this transaction, TricorBraun was advised by Proventis Partners, a member of Mergers Alliance, for financial advisory, while Linklaters served as the legal advisor.
TricorBraun has a long-standing history in the packaging industry, having been founded in 1902. The company prides itself on leveraging its extensive reach, comprehensive service offerings, and unmatched expertise to solve complex packaging challenges for its clients, allowing them to thrive in competitive markets. Today, TricorBraun hosts a team of over 2,200 packaging professionals operating from more than 100 locations across the Americas, Europe, Asia, and Australia.
As the global market continues to evolve, TricorBraun's acquisition of Euroglas and Glaspack is a testament to its commitment to expanding its capabilities and supporting its clients with innovative and high-quality packaging solutions. The integration of these companies into TricorBraun’s operations is expected to translate into enhanced service levels and a broader selection of products for customers across Europe. In conclusion, this acquisition not only increases TricorBraun's market share but also aligns with its strategic vision to be a leading force in the packaging industry worldwide.