Trioworld Group completed the acquisition of Malpack Ltd. in Canada and Malpack Corp. in the United States, marking a significant expansion in the high-performance stretch film sector of the transit packaging market. Malpack, known for its leadership in North American stretch film, has achieved notable growth through its innovative products and comprehensive service offerings, catering to diverse industries such as distribution, beverage, food, consumer goods, e-commerce, and industrial packaging. The acquisition aligns with Trioworld's strategy to lead in circular solutions within the load security and transit packaging sector, enhancing its presence across the US and Canada.

Ricardo Cardoso, soon-to-be CEO of Malpack and President of Trioworld North America, expressed enthusiasm about leveraging Trioworld's strategic support to elevate Malpack's business and emphasize sustainable, circular solutions in the industry. Andreas Malmberg, CEO of Trioworld Group, emphasized the combined efforts to strengthen market leadership in North America through sustainable innovation and an expanded product portfolio.

Tony Galea and Manny Di Pietro of Malpack shared their optimism about the merger enhancing Malpack's technological and sustainability initiatives, reflecting a shared commitment to innovation and growth. The transaction underscores a shared vision for decarbonizing the industry and fostering sustainability in transit packaging solutions.