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Albéa Group announced an agreement to acquire Amfora Packaging, based in Bogotá with operations in Colombia and Peru, to expand its Latin American presence in beauty and personal care packaging.
ACON Investments agreed to sell its controlling interest in Colombian packaging company Amfora Packaging S.A.S. to Albéa Group. Terms were not disclosed.
TricorBraun, a St. Louis packaging company, acquired Taipak, a flexible packaging provider headquartered in Richmond, British Columbia. It is TricorBraun's first move into flexible packaging, and Taipak will be renamed Taipak, A TricorBraun Company.
TricorBraun formed a 50-50 joint venture with Amfora Packaging, named TricorBraun South America SAS, covering Colombia, Peru, Ecuador, Chile and Venezuela, headquartered in Bogotá, Colombia. The announcement was made on 27 October 2017.
