TricorBraun Acquires (CONT’D FROM PAGE 1 )
Core Competency
SGB Packaging expands TricorBraun’s global supplier network with innovative European and other internation- al supplier partnerships focused on prestige categories where SGB Packaging is the sole North American repre- sentative. All team members, including founder and President Shoshana Gibli, and senior leaders Lauren Gibli and Julie Gibli, will remain with TricorBraun. The team will continue to work out of the company’s existing location in Hacken- sack, NJ. Effective with the acquisition, SGB Packaging will operate as SGB Packaging, a TricorBraun company. “SGB Packaging has been a mainstay in cosmetics, fragrance, personal care, and skin care packaging for a quarter of a century,” said Shoshana Gibli, founder and President, SGB Packaging. “We are excited to explore new growth opportunities with TricorBraun, and we are thrilled to offer expanded services to customers—including Tricor- Braun’s custom design capabilities―helping to cement our business as a packaging one-stop shop.” TricorBraun has partnered with management teams to successfully acquire and further accelerate growth for more than 25 packaging companies across North Ameri- ca. SGB Packaging marks TricorBraun’s eleventh acquisi- tion in the last three years. Terms of the agreement were not disclosed. Visit www.tricorbraun.com for more information.
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