TriMas acquired the privately held Dutch company Aarts Packaging B.V., a well-established, innovative luxury packaging solutions provider.
WHO: Located in Waalwijk, Netherlands, Aarts Packaging provides packaging solutions for the beauty, food, medical, and pharmaceutical end markets. The company’s manufacturing facility includes highly automated injection molding machines with robotic production and highly technical, in-house finishing capabilities, including decorative metallization. Additionally, the facility is ISO 9001 and British Retail Consortium (BRC) Global Standard for Food Safety certified, as well as rated Silver by EcoVadis. Aarts Packaging’s leading processes and know-how allow the company to develop unique, highly customized products, such as high-end beauty and fragrance caps and closures, pharmaceutical jars and dosing containers, and food-related jars, scoops, and capsules.
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. They have approximately 3,500 employees across 13 countries.
WHY: The transaction will expand TriMas’ footprint in beauty packaging, especially cosmetics and fragrances caps and closures.
IN THEIR OWN WORDS: “We are excited to announce the addition of Aarts Packaging to the TriMas Packaging family of businesses,” said Thomas Amato, TriMas President and Chief Executive Officer. “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.”
Fabio Salik, President of TriMas Packaging, commented, “We are pleased to welcome the management team and employees of Aarts Packaging to TriMas. We look forward to working together to serve our existing and new customers with our expanded product offering and expertise, while leveraging the innovative focus of Aarts Packaging’s technical, design and production teams to accelerate opportunities for global growth for TriMas Packaging.”
“The Aarts Packaging team will work closely with TriMas Packaging’s Dispensing Systems team, adding several beauty-related products to our existing perfume sprayer product offering, as well as TriMas Life Sciences, given Aarts Packaging’s product offering for medical and pharmaceutical applications,” added Salik.
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