TricorBraun Acquires Canadian-Based Taipak

TricorBraun, St. Louis, Mo., USA, a packaging solutions company, has acquired Canadian-based Taipak, a flexible packaging solutions provider headquartered in Richmond, B.C., Canada.

"The acquisition of Taipak represents a true milestone for TricorBraun. It's the very first time in our more than 100-year history that we have entered the flexible packaging industry," said Keith Strope, Executive Chairman of TricorBraun. "It's a move that significantly increases our product offering and capabilities."

Taipak offers a complete range of standard and custom flexible packaging solutions, including boxes, pouches and bags. The company provides solutions for numerous industries, including beverage, coffee and tea, confectionary and dry foods, seafood and meat products, processed and frozen food, retort food, pet products, health and wellness, and non-food products.

Strope said that Taipak will be renamed Taipak, A TricorBraun Company. Taipak's current owners Joey Lin and Charanjit Hayre will continue to manage the business.

"The acquisition continues our dual path to grow by acquisition, as well as organically," Strope said. "Every day, our industry leadership grows." 

Court Carruthers, CEO of TricorBraun noted that "Taipak adds brand new capabilities to our growing resources and we're excited that it is now part of the TricorBraun family."

Since 2003, Taipak Enterprises Ltd. has been helping customers with flexible packaging needs. With manufacturing facilities and carefully selected partners in Asia and Europe, Taipak has the ability to develop flexible packaging solutions "from concept to consumer." 

 

TricorBraun operates from more than 40 locations throughout North America and internationally from: London, England; Guangzhou, China; and Hong Kong and Mumbai, India. TricorBraun's advisory services range from preliminary planning and manufacturing oversight to warehousing and logistics programs.