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TricorBraun Acquires UK-Based Neville and More

Published March 21, 2022
Published March 21, 2022
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Global packaging leader TricorBraun has acquired UK rigid packaging leader Neville and More.

WHO: Steeped in 70 years of packaging innovation and consistent growth, Neville and More is a leading glass, plastics, and aluminum packaging provider for many well-known household brands across multiple end markets, including health care, pharma, personal care, and food & beverage.

Founded in 1902, TricorBraun is a global packaging leader and North America's largest distributor of primary packaging. They leverage global supply chain expertise, expansive and sustainable footprint, and unmatched purchasing power to identify the best sourcing partners and cost-effective solutions for their customers. TricorBraun is comprised of 1,600 packaging professionals operating from more than 70 locations across the Americas, Europe, Asia, and Australia.

WHY: The deal expands TricorBraun’s presence in Europe and around the world.

IN THEIR OWN WORDS: “Our acquisition of Neville and More, a well-respected leader in the UK packaging market, enables us to offer expanded services and supply chain options to customers," said Court Carruthers, President and CEO, TricorBraun. "Neville and More has provided high-quality and innovative packaging solutions for 70 years, and we look forward to investing in its continued growth. We are thrilled to welcome the Neville and More team to the TricorBraun family."

"Given our similar values and our shared dedication to exceptional customer service and high-quality products, TricorBraun is the ideal home for Neville and More's next stage," said Claire Sharpe, owner, Neville and More. "We look forward to Neville and More's future growth with such an admired packaging leader.”

DETAILS: 

  • TricorBraun acquired Neville and More. The financial terms were not disclosed.
  • The company will continue as a stand-alone business unit, operating as Neville and More, a TricorBraun company. 
  • All Neville and More team members will remain with TricorBraun. 
  • Joe Mazzilli, a packaging industry veteran and TricorBraun's UK Sales Leader for the past decade, will serve as Neville and More's Managing Director.
  • Since its founding, TricorBraun has partnered with management teams to successfully acquire and further accelerate growth for 32 packaging companies globally.
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