Alantra advised Taplast, a plastic dispensing cap manufacturer, on its sale to TriMas Corporation
Milan– Alantra, an independent global investment banking and asset management firm, has advised the shareholders of Taplast S.p.A., a manufacturer of plastic dispensing caps, on its sale to TriMas Corporation (NASDAQ: TRS).
Founded 45 years ago by the Santagiuliana family, Taplast is a privately-owned designer and manufacturer of dispensers, closures, caps and containers. Taplast’s award-winning products serve global customers in the beauty and personal care, household, and food & coffee packaging end markets. The company has full manufacturing and tooling capabilities including injection moulding for dispensers and closures, injection blow moulding for containers, and assembly.
Headquartered in Michigan, TriMas is a Nasdaq listed (US$ 1.5bn market cap.) diversified global manufacturer and provider of products for a variety of industrial, commercial and consumer end markets. The company has approximately 4,000 employees in 16 countries.
Taplast will be a wholly-owned division of Rieke, a TriMas subsidiary. Rieke focuses on specialty dispensing and closure solutions for the health, beauty & home care, food & beverage, and industrial markets.