TricorBraun has acquired Zuckerman Honickman (ZH) and Vessel Packaging in a move to strengthen its position in the beverage packaging market.
Headquartered in King of Prussia, Pennsylvania, Zuckerman Honickman supplies customers from across the beverage industry in the US and Canada with packaging.
The acquisition strengthens TricorBraun’s offering and expertise in the beverage packaging category. As part of the deal, TricorBraun has also acquired ZH subsidiary Delta Industries, a distributor of reusable trigger sprayers and bottles.
Meanwhile, Vessel is a value-added distributor of aluminium cans, based in British Columbia, Canada. Described by TricorBraun as a ‘one-stop shop’ for aluminium cans, Vessel offers “everything from mobile canning and design services, to printed cans, can ends and carriers, shrink sleeving, and other labelling services”.
The company serves customers across Canada and the US from all major beverage end markets, and operates five locations in Canada.
With the Vessel acquisition, TricorBraun expands its beverage offering, strengthens its position in aluminium cans, and grows its Canadian footprint.
“Our acquisitions of Zuckerman Honickman, a name synonymous with best-in-class beverage packaging, and Vessel Packaging, a leading Canadian value-added distributor of aluminium cans, bolster our ability to serve beverage customers with expanded offerings and services across North America,” said Court Carruthers, president and CEO, TricorBraun.
“We are incredibly excited to welcome the ZH and Vessel teams to the TricorBraun family and look forward to investing in their continued growth.”
The companies will operate as separate, standalone businesses, known respectively as Zuckerman Honickman, a TricorBraun company, and Vessel Packaging, a TricorBraun company. All ZH and Vessel team members will remain with TricorBraun.
The financial terms of the transactions have not been disclosed.
© FoodBev Media Ltd 2024
