Fortlane Partners advised TricorBraun

Fortlane Partners advised TricorBraun Inc. (“TricorBraun”) with a Commercial Due Diligence on the acquisition of Germany-based Euroglas Verpackungsgesellschaft m.b.H. (“Euroglas”) and Austria-based Glaspack Verpackungsgesellschaft m.b.H (“Glaspack”), leading distributors of rigid packaging solutions for the European market.

The Commercial Due Diligence included a comprehensive evaluation of Euroglas’ and Glaspack’s business models, the development of their addressable market and core competitors, customer purchasing behaviour, and an assessment of the companies’ business plans. This project complements our track record of providing strategic and commercial advisory services in the packaging sector.

“Euroglas and Glaspack are known for their quality, innovation, and customer service, and they’ve built longstanding businesses with impressive reputations,” said Matt Hirst, President of TricorBraun Europe. “Combining Euroglas’ and Glaspack’s expertise in key end markets with TricorBraun’s own supply chain and regional penetration will provide new opportunities to support our customers’ growth in Europe.”
The transaction is expected to close in the first quarter of 2025, subject to having received required regulatory approvals.

About TricorBraun
TricorBraun Inc. was founded in 1902 and is a leading packaging solutions provider. It partners with companies across various industries to design, develop, and distribute innovative packaging solutions. TricorBraun is composed of more than 2,000 packaging professionals operating from more than 100 locations across the Americas, Europe, Asia, and Australia.

About Euroglas
Founded in 1992 and family-run, Euroglas is one of Europe's leading suppliers of high-quality glass packaging. With its extensive range of glass packaging, caps and bottle crates, Euroglas offers buyers economic and ecological options for filling, including sustainable deposits and returnable bottles.

About Glaspack
Founded in 1992 and family-run, Glaspack is one of the leading wine packaging distributors in Austria. From bottles for wine to champagne and beer to olive oil as well as food jars of all kinds, Glaspack offers both standard and custom bottles, jars and closure solutions. 

Transaction Team

Giovanni Calia
Managing Director

Dr. Gerrit Schütte
Managing Director

Philip Lloyd
Principal

Tanja Bersuch
Manager

Manfredi Ricci
Consultant

Mattia Eccheli
Consultant

Roman Braun
Consultant

Polina Fioletova
Associate Consultant