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Tricorbraun Acquires Pbfy, Expanding Flexible Packaging Division

Apr 21, 2022•over 3 years ago

Acquiring Company

TricorBraun Flex

Acquired Company

PBFY

ManufacturingSustainabilityFood And BeverageCommerce And ShoppingManufacturing

Description

Global packaging leader TricorBraun announced today that it has successfully completed its acquisition of PBFY, one of the largest flexible packaging distributors in North America. The acquisition expands TricorBraun's award-winning flexible packaging division, TricorBraun Flex.

Company Information

Company

TricorBraun Flex

About

TricorBraun Flex is a global leader in stock and custom printed flexible packaging, serving over 4,500 customers in more than 50 countries. Focusing on markets such as coffee, tea, pet food, nutrition and specialty foods, our products include side-gusset bags, stand-up pouches, Biotrē (sustainable packaging), paper tin-tie bags, flat pouches, bulk packaging, rollstock, accessories, tins, and more. We also manufacture and supply our patented one-way degassing valve. Our stock line is available to order on our website and ships from our local warehouses within 24-48 hours of order placement. TricorBraun Flex offers a range of printing options, varying from short-run printing to full-speed production.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed