BLOOMFIELD HILLS–TriMas Corp. (NASDAQ: TRS) announced the acquisition of Aarts Packaging B.V., a Netherlands-based packaging provider for beauty and lifestyle brands, as well as for customers in the food and life sciences end markets. Terms were not disclosed.
Effective immediately, Aarts Packaging will become part of TriMas Packaging’s group of leading businesses, which consist of Rieke, Affaba & Ferrari, Rapak, Taplast, Intertech and Omega Plastics.
Said Thomas Amato, TriMas president and CEO: “This acquisition will broaden TriMas Packaging’s presence in beauty applications, adding a variety of cosmetic dispenser closures and beauty packaging design solutions. Aarts Packaging also provides products for food packaging and medical applications, expanding our existing presence in those core end markets. We expect Aarts Packaging’s customers to benefit from TriMas Packaging’s broad product offering, expanded design resources, global manufacturing footprint and continued investment in Aarts Packaging’s production capabilities.”
Located in Waalwijk, Netherlands, Aarts Packaging provides packaging solutions for the beauty, food, medical and pharmaceutical end markets. The company’s manufacturing plant includes automated injection molding machines with robotic production and in-house finishing capabilities including decorative metallization. Additionally, the facility is ISO 9001 and British Retail Consortium Global Standard for Food Safety certified, as well as rated Silver by EcoVadis, a provider of sustainability ratings. Aarts Packaging develops beauty and fragrance caps and closures, pharmaceutical jars and dosing containers, and food-related jars, scoops and capsules. Aarts Packaging previously operated as a private company, led by Managing Director and shareowner Rob Geurtz, who will continue in his current role under TriMas ownership. Aarts Packaging generated approximately €23 million in revenue in fiscal year 2022.
TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. The company has 3,500 employees in 13 countries.
More at www.trimascorp.com.