# TriMas agrees to acquire Affaba & Ferrari, Italian caps and closures maker

TriMas signed an agreement to acquire Affaba & Ferrari Srl, a designer and manufacturer of precision caps and closures based in Borgo San Giovanni, Italy. The deal is expected to close before the end of 2020 and will join TriMas' Packaging segment through its Rieke division.

- Type: Acquisition
- Announced: 2020-10-29
- Where: Borgo San Giovanni, Italy
- Status: announced
- Products: precision caps and closures, aseptic caps, tamper evident caps
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [TriMas](https://endata.com/companies/4218.md) (acquirer)
- [Affaba & Ferrari](https://endata.com/companies/7160.md) (target)

## Sources

- [ir.trimascorp.com](https://ir.trimascorp.com/news-releases/news-release-details/trimas-announces-agreement-acquire-affaba-ferrari), 2020-10-29: "The transaction is expected to close before the end of the year, at which time Affaba & Ferrari will become part of TriMas' Packaging segment."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.