Trimco Group Expands with Acquisition of Nexgen Packaging
Deal News | Feb 03, 2025 | EIN
Trimco Group, a manufacturer of brand identity products, has acquired Nexgen Packaging, bolstering its global presence and digital offerings. The acquisition, completed on January 27, offers full ownership to Trimco, a company under the Brookfield banner. Nexgen's CEO, Jim Welch, highlighted the strategic benefits such as non-overlapping geographic presence and a shared commitment to design, sustainability, and data management. The management team at Nexgen will remain in place post-acquisition, and the newly expanded entity will operate in 27 countries globally, focusing heavily on the North American market. Trimco's supply chain platform, ProductDNA, will extend its reach through Nexgen's U.S. network, promising comprehensive supply chain analytics and sustainability in operations. This acquisition marks Trimco's third in North America, reflecting its commitment to the region.
Sectors
- Manufacturing
- Supply Chain and Logistics
- Private Equity
Geography
- Global – The companies involved operate in multiple countries across Asia, North America, Central America, Europe, and Africa.
- North America – Trimco has made strategic acquisitions in North America, indicating a significant focus on this region.
- United States – Nexgen Packaging has a strong presence in the U.S. market, and Trimco's strategy involves expanding its North American presence.
Industry
- Manufacturing – Both Trimco Group and Nexgen Packaging are involved in the production of brand identity products, which falls under the manufacturing sector.
- Supply Chain and Logistics – The article discusses the extension of Trimco's supply chain monitoring platform, ProductDNA, highlighting the supply chain and logistics aspect.
- Private Equity – Brookfield, a private equity firm, owns Trimco, which is central to this acquisition story.
Financials
- Undisclosed – The acquisition price for Nexgen Packaging by Trimco Group was not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Trimco Group | Acquiring Company | Company | A company manufacturing brand identity products like hangtags, owned by private equity firm Brookfield. |
| Nexgen Packaging | Target Company | Company | A label maker company being acquired by Trimco Group. |
| Brookfield | Private Equity Owner | Company | The private equity firm that owns Trimco Group. |
| Jim Welch | CEO | Person | CEO of Nexgen Packaging, involved in the acquisition discussion. |
| Amy Wan | CEO | Person | CEO of Trimco Group, providing strategic insights on the acquisition. |