TricorBraun Acquires The Packaging Design Group

PDG was founded in 1995 by Kenneth Gillman and Peter Kallman, who have more than 70 years of combined experience in the field. Prior to forming PDG, Ken and Peter manufactured plastic closure systems, dispensing plugs, fitments, jars and custom-molded parts. As a result, they know the ins and outs of component design, component costing, quality control systems, engineering, and mold design and development.

"We're extremely excited about this opportunity. TricorBraun has an excellent reputation, like us, for being very focused on serving our customers. Being part of a like-minded organization the size of TricorBraun will present opportunities and advantages for our current customers." said Mr. Kenneth Gillman, Founding Partner of The Packaging Design Group.

Mr. Peter Kallman, also a Founding Partner added, "We bring a unique expertise particularly in the nutraceutical, pharmaceutical and healthcare markets that should create opportunities for TricorBraun as well. It's a great fit all around."

The Packaging Design Group will continue to operate under its current name and will become a division of TricorBraun with immediate access to all of the resources and the options that TricorBraun provides.

"The Packaging Design Group is a perfect fit for what we're trying to accomplish," said Keith J. Strope, President and Chief Executive Officer of TricorBraun. "Integrity and talent have always been the cornerstone of our growth. The folks at The Packaging Design Group have plenty of both. Their extensive knowledge and experience along with their customer service focus are what make them so attractive. The wholly-owned UK subsidiary, Packaging Design Limited, is also part of the deal and strengthens our presence in Europe. This addition to the family will definitely allow all of us to do more for all of our customers."