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TricorBraun Acquired by Ares Management and Ontario Teachers’ Pension Plan Board ST. LOUIS, March 4, 2021 – Global packaging leader TricorBraun (the “Company”) announced today the completion of its previously announced definitive stock purchase agreement with funds managed by Ares Management Corporation’s Private Equity Group (“Ares”) and Ontario Teachers’ Pension Plan Board (“Ontario Teachers’”). Ares and Ontario Teachers’ have acquired a majority interest in the Company. “We are excited to continue our exceptional growth with Ares and Ontario Teachers’ as our partners,” said Court Carruthers, President and CEO, TricorBraun. “We look forward to working with Ares and Ontario Teachers’ to deliver exceptional service to our customers while continuing to build the best place for the best people in packaging.”

United statesHong kongCity ofUnited kingdomCarl drakeKeith stropeBrian klosJennifer frighettoAsia pacificKaren frankAlex yankusBrunswick groupTricorbraun the companyDesign engineering centerPartner in are private equity groupCourt carruthers