Liquibox Completes Sale of Select Bag-in-Box Assets to TriMas Corporation
Liquibox, a portfolio company of Olympus Partners, has completed the sale of select bag-in-box (BIB) assets to TriMas Corporation. This sale fulfills the obligations imposed by the Department of Justice in relation to Liquibox’s acquisition of DS Smith plc’s Plastics Division.
About Olympus Partners
Founded in 1988, Olympus Partners is a private equity firm focused on providing equity capital for middle market management buyouts and for companies needing capital for expansion. Olympus is an active, long-term investor across a broad range of industries including business services, food services, consumer products, healthcare services, financial services, industrial services, and manufacturing. Olympus manages in excess of $8.5 billion mainly on behalf of corporate pension funds, endowment funds and state-sponsored retirement programs.
Founded in 1961, Liquibox is a global leader in liquid packaging and dispensing—working in partnership with customers to deliver high-quality, innovative solutions that achieve sustainable performance. In February 2020, Liquibox acquired DS Smith’s flexible packaging and Worldwide Dispensers that are now working as one across 21 locations powered by a global workforce of nearly 2,000 employees. The company is headquartered in Richmond, Virginia (USA).
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