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TricorBraun To Be Acquired By Ares Management And Ontario Teachers' Pension Plan Board

Jan 07, 2021 - PR Newswire
Mergers and Acquisitions-Partnership Announcement

PR Newswire

 Global packaging leader TricorBraun (the "Company") announced today that it has entered into a definitive stock purchase agreement with funds managed by Ares Management Corporation's (NYSE: ARES) Private Equity Group ("Ares") and Ontario Teachers' Pension Plan Board ("Ontario Teachers'"). Ares and Ontario Teachers' will acquire a majority interest in the Company. 

TricorBraun's management team, including Executive Chairman Keith Strope and President and CEO Cou...