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AEA Acquires TricorBraun Holdings
New York – November 30, 2016 – AEA Investors’ (“AEA” or the “Firm”) Middle Market Private Equity team announced today that its fund has closed the acquisition of TricorBraun Holdings, Inc. (“TricorBraun” or the “Company”), a leading full service distributor of rigid packaging, providing innovative solutions across a wide array of customer end markets in plastic and glass containers, closures, dispensers, tubes and flexibles.
Headquartered in St. Louis, Missouri with more than 40 locations across the globe, TricorBraun maintains strong competitive positioning in each of its core markets. The Company sells to a highly diverse set of stable and growing end markets, including healthcare, food & beverage, personal care, industrial & household chemicals and wine & spirits, among others. With a strong reputation in the attractive rigid packaging distribution industry, TricorBraun is well positioned to drive growth both organically through product innovation and enhanced supply chain capabilities as well as through strategic acquisitions, expanding its presence into new end markets, substrates, and geographies.
AEA Investors LP was founded in 1968 by the Rockefeller, Mellon and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA has an extraordinary global network built over many years which includes leading industrial families, business executives and leaders; many of whom invest with AEA as active individual investors (“Participants”) and/or join its portfolio company boards or act in other advisory roles. Today, AEA’s approximately 70 investment professionals operate globally with offices in New York, Connecticut, London, Munich and Shanghai. The firm manages funds that have approximately $10 billion of invested and committed capital including the leveraged buyouts of middle market companies and small business companies and mezzanine and senior debt investments. AEA Private Equity invests across three sectors: value added industrials, consumer, and services.
TricorBraun is a global packaging leader, providing innovative solutions across a wide array of customer end markets in plastic and glass containers, closures, dispensers and tubes. TricorBraun operates from more than 40 locations throughout North America and around the world. TricorBraun’s award-winning Design & Engineering Center provides forward-thinking design, driven by consumer insight, market understanding and creative solutions. Other services include global sourcing, manufacturing oversight and global supply chain programs.
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