Reno De Medici (RDM) plans to acquire the remaining 66.67% stake in Pac Service, increasing its shareholding in the company to 100%.

RDM is engaged in the production and distribution of carton boards, while Pac Service manufactures paper and paper products.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Both the companies involved in the acquisition are based in Italy.

“The acquired company will be renamed as ‘Taipak, A TricorBraun Company’.”

TricorBraun has acquired Canadian flexible packaging manufacturer Taipak Enterprises, marking its entry into flexible packaging.

The acquired company will be renamed as ‘Taipak, A TricorBraun Company’ and managed by its current owners Joey Lin and Charanjit Hayre.

TricorBraun is engaged in providing packaging solutions, while Taipak Enterprises offers standard and custom flexible packaging solutions including boxes, bags, and pouches.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Packaging Gateway Excellence Awards - Nominations Closed

Nominations are now closed for the Packaging Gateway Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
From rising paper prices to plastic reduction targets, Morris Packaging is tackling today’s toughest packaging challenges – and has won three 2025 Packaging Gateway Excellence Awards for it. Learn how Revopack and EcoPour deliver recycle-ready, high-impact packaging that boosts efficiency from filling line to retail shelf.

Discover the Impact