FROMM Holdings has acquired Canning Vale-based packaging supplier Prime Packaging, making the Western Australian company a wholly owned subsidiary.
Financial terms of the deal were not disclosed.
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Prime Packaging, established in 2015, sells packaging consumables, equipment and customised solutions to businesses in Western Australia.
FROMM has supplied Prime Packaging since the company was formed.
The companies’ relationship, including ties between their teams, dates back about 25 years.
Prime Packaging will keep its current trading name for about two years. It will then be integrated into the wider FROMM Group over time.
David Johnston of Prime Packaging said: “Prime Packaging and FROMM have a long-standing relationship built on trust, shared values and a commitment to looking after our customers. FROMM has been a supplier to us since we established Prime Packaging, so we know their products and their people well.
“Joining the FROMM Group allows us to build on that local knowledge and continue providing personalised service, while offering our customers access to FROMM’s global manufacturing capabilities and wider range of solutions.”
Prime Packaging’s existing local team will remain in place.
Customers will continue to buy through the business under its current arrangements.
Through the acquisition, Prime Packaging will have exclusive rights to sell FROMM machinery, strapping and wrapping tools, and genuine spare parts.
FROMM Packaging Australia managing director Graeme Wood said: “Prime Packaging has built a strong reputation in Western Australia through its experienced team, local industry knowledge and genuine commitment to its customers.
“By combining Prime Packaging’s established local relationships and broad packaging knowledge with FROMM’s machinery, tools, spare parts and technical capabilities, we can deliver an even more comprehensive level of service to customers across Western Australia. We look forward to supporting the Prime Packaging team as we grow together.”
