TricorBraun Acquires SGB Packaging Group

ST. LOUIS, July 22, 2021 /PRNewswire/ — Global packaging chief TricorBraun introduced right now that it has acquired New Jersey-based SGB Packaging Group, Inc., strengthening the corporate’s presence within the fast-growing cosmetics, skincare, perfume, and private care industries. Additionally, the acquisition additional expands TricorBraun’s strong international provider community.
Serving prospects for 25 years, SGB Packaging is a full-service packaging supplier for the cosmetics, skincare, perfume, and private care industries, specializing in status and masstige segments. It additionally serves the make-up and hair care industries.
“Our acquisition of SGB Packaging strengthens our presence in rising industries, whereas serving prospects with new merchandise, and increasing our huge international provider community,” stated Court Carruthers, president and CEO, TricorBraun. “Shoshana Gibli and her group have constructed a formidable enterprise recognized for its excellent customer support, trade experience, and various product choices, and we’re excited to welcome them to the TricorBraun household.”
SGB Packaging expands TricorBraun’s international provider community with revolutionary European and different worldwide provider partnerships centered on status classes the place SGB Packaging is the only North American consultant.
All group members, together with founder and President Shoshana Gibli, and senior leaders Lauren Gibli and Julie Gibli, will stay with TricorBraun. The group will proceed to work out of the corporate’s present location in Hackensack, NJ. Effective with the acquisition, SGB Packaging will function as SGB Packaging, a TricorBraun firm.
“SGB Packaging has been a mainstay in cosmetics, perfume, private care, and skincare packaging for 1 / 4 of a century,” stated Shoshana Gibli, founder and president, SGB Packaging. “We are excited to discover new progress alternatives with TricorBraun, and we’re thrilled to supply expanded companies to prospects—together with TricorBraun’s customized design capabilities―serving to to cement our enterprise as a packaging one-stop store.”
TricorBraun has partnered with administration groups to efficiently purchase and additional speed up progress for greater than 25 packaging corporations throughout North America. SGB Packaging marks TricorBraun’s eleventh acquisition within the final three years.
Terms of the settlement weren’t disclosed.
About SGB PackagingSGB Packaging is the North American Sales Representative for European and choose worldwide suppliers. The firm is differentiated by its excellent service and product providing which is exclusive and complimentary. SGB’s packaging portfolio contains: Droppers, Glass and Plastic Cosmetic Bottles, Glass and Plastic Jars, Fragrance Glass, Wood, Bakelite, Mascara Brushes, Cosmetic Packaging, Fragrance Caps, Pumps & Accessories, Sampling/Blister on Card, and Secondary Packaging.
About TricorBraunFounded in 1902, TricorBraun is North America’s largest distributor of main packaging. We present revolutionary options throughout a big selection of buyer finish markets in plastic and glass containers, closures, dispensers, tubes and flexibles. Our award-winning Design & Engineering Center supplies forward-thinking design, pushed by client perception and inventive options. As a number one purchaser of packaging on the earth, we leverage our international provide chain experience, expansive and sustainable footprint, and unmatched buying energy and scale to establish the perfect sourcing companions and supply cost-effective options for our prospects. TricorBraun operates from greater than 50 areas globally. Visit tricorbraun.com.
SOURCE TricorBraun
Related Links www.tricorbraun.com

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