TricorBraun Acquires PB Packaging
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TricorBraun has completed its acquisition of PB Packaging, an Australian provider of plastic and glass packaging. The acquisition grows Tricor- Braun’s presence in Australia and continues the company’s global expansion. TricorBraun established its footprint in the region with its acquisition of Cormack Packaging in Sep- tember 2021. PB serves the rigid packaging needs for custom- ers in the health, industrial, food, and automotive industries. The company now operates as PB Pack- aging, a TricorBraun company. PB was previously owned by Pro-Pac Packaging Limited. Since its founding, TricorBraun has partnered with management teams to acquire and further acceler- ate growth for 36 packaging companies globally. Germark Installs Two Bobst Presses Germark, Barcelona, Spain, has invested in a Bobst Master M5 inline flexo pressand a Bobst Mouvent LB702-UV digital inkjet press. Germark S.A. employs 115 staff and posted a turn- over for 2021 of almost €14mio across its Labels and Systems divisions. Labels account for 70 percent of the business; the remaining 30 percent is made up from the design and development of its own brand of labeling systems. The main client base, over 50 percent, is found in the cosmetics market. The family-owned company was founded in 1958 and today has representatives in 20 countries around the world, with 27 percent of production going to export. Germark also operates as a packaging consultant supporting customers from the initial design stage through to the final product to achieve their goals at minimum cost. A strong sustainability focus un- derpins its mission to invest in best-in-class tech- nology that helps minimize waste and reduce the carbon footprint of print production. Germark currently runs nine printing presses and four finishing lines at its 7,000-square-meter facility in Cornellà de Llobregat, on the outskirts of Bar- celona. With ISO 9001 and 14001 certifications, as well as BRCGS for packaging materials, it is report- edly the only label converter in Spain to comply with the AuditOne Packaging Standard, which al- lows the company to work with the biggest cos- metics brand owners in the world, including P&G, Unilever, L’Oréal, and Johnson & Johnson.
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