Trioworld to create transatlantic powerhouse with acquisition of Malpack

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.