PE International Snapshots 2022

04

BDO PRIVATE EQUITY

AUSTRALIA

Sale of Cormack Holdings Pty Ltd toTricorBraun

Working with the BDOCorporate Finance team throughout the M&A process was a pleasure, and we were impressed at every turn with their unwavering commitment and high quality of work. The assistance BDO provided was invaluable and we could not have selected a better adviser to have on our team. I would strongly recommend BDO to any company looking to undertake an M&A process. TricorBraun is owned by funds managed by Ares Management Corporation’s Private Equity Group and Ontario Teachers’ Pension Plan Board. TricorBraun provides innovative solutions across a wide array of customer end markets in plastic and glass containers, closures, dispensers, tubes and flexibles. BDO’s Corporate Finance team, led by Sebastian Stevens, was engaged by Cormack Packaging to manage the sale process and provide M&A advisory assistance. Global packaging leader, TricorBraun, has entered into a Share Sale Agreement to acquire 100% of the shares in Cormack Holdings Pty Ltd ('Cormack Packaging'). Cormack Packaging is an Australian packaging company specialising in the manufacture and distribution of caps and closures into the personal care, pharmaceutical, household cleaning, industrial, automotive, food, beverage and cosmetic industries in Australia and New Zealand.

BDO contact for this transaction

SEBASTIAN STEVENS Partner in Charge Advisory Corporate Finance sebastian.stevens@bdo.com.au

Mathew Cormack | Managing Director, Cormack Holdings Pty Ltd

INTERNATIONAL SNAPSHOTS 2022

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