TricorBraun to acquire Salbro Bottle
Acquisition of Canadian packaging solutions provider Salbro Bottle to strengthen TricorBraun's Canadian presence.
June 26, 2017
by Canadian Packaging staff
ST. LOUIS—TricorBraun has entered into a definitive agreement to acquire Canadian-based Salbro Bottle, a 27-year-old packaging solutions company, according to TricorBraun president and chief executive officer Keith Strope.
“Salbro fits our strategic vision extremely well,” says Strope. “We were interested in expanding our reach and presence in Canada and this acquisition helps us do both.”
As part of the deal, TricorBraun will acquire enhanced rapid prototyping and even quicker response times, Strope notes.
According to Salbro president Gary Saltz, the acquisition will allow his company to continue to focus on serving customers.
Vice-president of sales and marketing Paul Saltz and vice-president of operations David Saltz agree, saying that Salbro’s relationship with TricorBraun provides it with additional strength to grow.
States Paul Saltz, “We’re big enough to handle anyone’s order, but we’re also flexible enough to be able to react and adapt to the customer’s needs quickly. Being part of TricorBraun will help us expand that approach.”
Strope adds: “We remain fiercely committed to providing innovative, custom solutions for our customers.”
He says that the acquisition of Salbro will allow TricorBraun to better serve Canadian customers with more added value. Strope adds that TricorBraun will continue to look for acquisitions that help grow its strategic vision.
“Everything we do is about making things better for our customers, our suppliers and our employees,” Strope says. “Salbro Bottle is a great company and we’re proud that it is now part of the TricorBraun family.”
About Salbro Bottle
Salbro Bottle, is a Woodbridge, Ont.-based company founded in 1990. Salbro’s packaging solution business provides creative plastic containers, glass containers and closures to its customers. The company operates from a 40,000-square-foot headquarters in Woodbridge. It also operates a 70,000-square-foot facility in nearby Vaughan, Ont., a 15,000-square-foot location in St. John’s, Newfoundland and has a Montreal sales office with approximately 30,000 square feet of 3PL warehousing. For more information, visit www.salbrobottle.com.
TricorBraun is a packaging solutions company, focused on providing innovative, custom solutions for its many customers. An industry leader in glass and plastic containers, closures, dispensers and tubes, TricorBraun operates from more than 40 locations throughout North America and internationally including Canada, Mexico, England, China, Hong Kong, and India. Its award-winning Design & Engineering Centers provide forward-thinking service driven by consumer insight, market understanding and creative solutions. TricorBraun’s advisory services range from preliminary planning and manufacturing oversight to warehousing and logistics programs. Company information at www.tricorbraun.com.
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