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TricorBraun opened its Bev-Cap injection moulding facility on Coronation Avenue, Kings Park, in Western Sydney. The project took over six months and cost over AUD 2 million, a joint effort with PB Packaging and Cormack Packaging.
TricorBraun has completed its acquisition of PB Packaging, a leading Australian provider of plastic and glass packaging previously owned by Pro-Pac Packaging Limited. The deal was announced on June 26, 2022.
TricorBraun agreed to acquire PB Packaging, a wholly owned subsidiary of ASX-listed Pro-Pac Packaging, expanding its presence in Australia. PB has 140 team members and the deal is expected to close in Q2 2022, subject to Foreign Investment Review Board approval.