The acquisition expands TricorBraun’s beverage packaging capabilities and strengthens its position in the North American beverage packaging market, says the company.
Founded in 2011, CanSource is a provider of brite, shrink-sleeved, and printed cans to the craft beer, wine, spirits, and non-alcoholic beverage markets. The company operates from four locations across the US, including headquarters near Denver, CO.
St Louis, Missouri-headquartered TricorBraun works across a wide array of customer end markets in plastic, glass, aluminum containers, closures, dispensers, tubes and flexibles: employing more than 2,000 packaging professionals across more than 100 locations across the Americas, Europe, Asia and Australia.
“Our acquisition of CanSource—a company known for exceptional quality, hands-on service, and reliability—enables us to provide beverage customers across North America with expanded offerings and services, and more sustainable packaging options,” said Brett Binkowski, president, North America, TricorBraun.
All CanSource team members will remain with TricorBraun and continue to work out of the company’s existing locations. CanSource now operates as CanSource, a TricorBraun company.
Financial details were not disclosed.