TricorBraun has acquired Euroglas and Glaspack to enhance its presence in the DACH packaging market, leveraging their local expertise and established client relationships.

Information on the Target

TricorBraun, a global leader in packaging solutions, has announced its acquisition of Euroglas Verpackungsgesellschaft mbH and Glaspack Verpackungsglashandelsgesellschaft m.b.H. These two distributors, based in Germany and Austria respectively, specialize in rigid packaging solutions for the European market. Through this strategic move, TricorBraun aims to enhance its presence in the DACH region, comprising Germany, Austria, and Switzerland.

Founded in 1992, Euroglas has established itself as a prominent provider of high-quality glass packaging across Europe, catering primarily to the food, beverage, and spirits industries. Glaspack, also founded in 1992, is recognized as a leading supplier of wine packaging within Austria, offering a range of inventory and custom packaging solutions for wine, beer, and food products.

Industry Overview in Germany and Austria

The packaging industry in Germany and Austria is characterized by robust growth, driven by innovative packaging technologies and a growing emphasis on sustainability. With increasing consumer awareness and preference for eco-friendly packaging solut