TricorBraun (St. Louis, MO), North America’s largest distributor of primary packaging and a portfolio company of AEA Investors, announced the acquisition of Price Container and Packaging (Willard, UT), a rigid packaging distributor serving primarily the industrial and food markets since the family-owned company’s founding in 1998.
“Our acquisition of Price Container will significantly add to our robust range of packaging solutions by expanding our industrial presence,” said Court Carruthers, President and CEO, TricorBraun. “As we continue to provide essential, quality packaging, we look forward to serving customers with their industrial and other market needs. We welcome Price Container to the TricorBraun family.”
Price Container and Packaging distributes a range of packaging solutions from bottles, jars, and can to pails, totes, and bins. The company currently serves primarily Utah and Washington.
“This is a very exciting time in Price Container’s 22-year history,” said owner Ray Price. “We’re proud to join a respected packaging leader, and with TricorBraun’s expansive reach, as well as commercial and operational excellence, we can grow while offering expanded services to our customers. I also look forward to our work with our supplier partners, which continues to be an important focus.”
A portfolio company of global private investment firm AEA Investors, TricorBraun has acquired and successfully integrated more than 20 companies over the last 25 years. Price Container will mark the company’s eighth acquisition in the last three years, according to TricorBraun’s information.