View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
March 10, 2021

TricorBraun acquires RODA Packaging

US-based packaging solution provider TricorBraun has boosted its presence in Eastern Canada by acquiring rigid packaging distributor RODA Packaging.

US-based packaging solution provider TricorBraun has boosted its presence in Eastern Canada by acquiring rigid packaging distributor RODA Packaging.

Free Whitepaper
img

Making the Packaging System Fit the Circular Economy

For the packaging industry to achieve a sustainable future, it needs to dramatically increase circularity and the reuse of materials. While shifting from a linear economy to a circular model will take time, there are already actions that brands, manufacturers, and converters can already take to help make a difference. This document by Siegwerk – a global leader in inks and coatings for packaging – delves into solving the plastic paradox, looks at the relevance of bioplastics, and sets out ways to not only achieve circularity in packaging but also make it economically viable. Furthermore, the document goes into detail on how printing inks and coatings are vital for enabling circularity in packaging. Ultimately, the packaging system needs to be reconfigured for a circular future. And consumers are expecting the packaging industry to play its part in progress. To take the first step towards circularity, download this document.
by Siegwerk
Enter your details here to receive your free Whitepaper.

Based in Quebec, Canada, RODA specialises in the chemicals, sealants and adhesives markets, as well as serving the nutraceuticals, juices, dry condiments and spices sectors.

As part of the deal, TricorBraun will also acquire Rada Industries, which has been owned by RODA since 2019.

The financial details of the transaction have not been disclosed.

TricorBraun president and CEO Court Carruthers said: “Our acquisition of RODA Packaging continues our long track record of growth in Canada.

“We are very impressed by the strong company Stéphan Berthiaume and his team have built, and with our combined expertise, we will serve the needs of Quebec-based businesses along with the customers we support across North America. We are excited to welcome RODA to the TricorBraun family.”

RODA owner and CEO Stéphan Berthiaume said: “For almost 40 years, RODA Packaging and its dedicated team have been instrumental to the packaging supply chain. We are excited to join TricorBraun and look forward to this next chapter.

“Our shared focus on customer service, quality and operational excellence, along with TricorBraun’s broader supplier base and multiple locations, will allow RODA to explore its full potential and offer a more complete range of services to its customers.”

Once the deal is completed, RODA will become part of TricorBraun Canada and will operate as RODA, a TricorBraun company.

All RODA team members, including Berthiaume, will continue to serve the company from its existing locations in Quebec.

This acquisition will be TricorBraun’s tenth in the last four years, and its first under the ownership of Ares Management and Ontario Teachers’ Pension Plan Board.

In August, the company acquired US-based packaging distributor Price Container and Packaging, and in 2019, it bought flexible packaging firm Pacific Bag.

Related Companies

Free Whitepaper
img

Making the Packaging System Fit the Circular Economy

For the packaging industry to achieve a sustainable future, it needs to dramatically increase circularity and the reuse of materials. While shifting from a linear economy to a circular model will take time, there are already actions that brands, manufacturers, and converters can already take to help make a difference. This document by Siegwerk – a global leader in inks and coatings for packaging – delves into solving the plastic paradox, looks at the relevance of bioplastics, and sets out ways to not only achieve circularity in packaging but also make it economically viable. Furthermore, the document goes into detail on how printing inks and coatings are vital for enabling circularity in packaging. Ultimately, the packaging system needs to be reconfigured for a circular future. And consumers are expecting the packaging industry to play its part in progress. To take the first step towards circularity, download this document.
by Siegwerk
Enter your details here to receive your free Whitepaper.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The packaging industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Packaging Gateway