Packaging Multinational TricorBraun Wraps Up Another Acquisition
Global packaging supplier TricorBraun announced today that it has acquired the UK rigid packaging company Neville and More. Financial terms were not disclosed.
Neville and More provides glass, plastic, and aluminum packaging to household brands across multiple end markets, including healthcare, pharma, personal care, and food & beverage. The 70-year-old company is based in Southwater, near Horsham in West Sussex, and maintains a sourcing office in Shanghai.
“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 of 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.”
All Neville and More team members will remain with TricorBraun, said the company, which will continue as a stand-alone business unit, operating as Neville and More, a TricorBraun company. 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.
“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 owner Claire Sharpe. “We look forward to Neville and More’s future growth with such an admired packaging leader.”
Since its founding in 1902, TricorBraun has partnered with management teams to successfully acquire and further accelerate growth for 32 packaging companies globally. It employs approximately 1,600 people at more than 70 locations across the world.