Trioworld to create transatlantic powerhouse with acquisition of Malpack

Torys acted as counsel to Malpack with a team led by Adrienne DiPaolo and that included Justin Crawford and Melissa Lowy (corporate/M&A), Gillian Dingle (litigation), Omar Wakil and Chris Caparelli (competition/antitrust), Ellie Kang, Tom Stevenson and Ryan Davis (Canadian and U.S. employment), Michael Fortier (environmental), Ed Fan (IP), Andy Gibbons (real estate), William Walters (regulatory), Gwen Watson, Peter Keenan, Benjamin Mann and Daniela Sanchez (Canadian and U.S. tax).

On December 30, 2022, Trioworld Group (“Trioworld”), a portfolio of Altor Fund IV, announced that it signed an agreement to acquire the Canadian-based Malpack Ltd. and U.S.-based Malpack Corp. (collectively, Malpack).

Terms of the transaction were not disclosed.

Further information can be found on Trioworld’s website.

Malpack is a leading manufacturer of high-performance stretch film for transit packaging, supplying customers in the areas of distribution, beverage, food, consumer goods, e-commerce and other industrial packaging.

Trioworld is a leading developer and producer of high-performance and sustainable plastic film products. The company is based in Smålandsstenar, Sweden with production facilities in Sweden, Denmark, the Netherlands, United Kingdom and France.