12th October, 2020
The Tri-Wall Group is pleased to announce that its Mexican subsidiary, TW Mexico Packaging Solutions, acquired a 100% stake in Thimm Packaging Systems Mexico, a leading supplier of industrial packaging, with a particular focus on serving the Mexican automotive market. With the closure of the transaction on October 9, 2020 from the Thimm Group, a European group of packaging specialists headquarter in Germany, Tri-Wall continues to expand its global footprint to better serve its customers.
Located in Puebla, Mexico, Thimm Packaging Systems was setup in 2015 and has since established an impressive portfolio of customers while employing over 50 employees. TW Mexico will be taking over all existing employees and infrastructure, as it is fully committed to the continued supply of expendable and reusable multi-material packaging to existing customers in North America.
President of TW Mexico, Pepe Fernandez, comments “We are thrilled to welcome Thimm Packaging Systems into the Tri-Wall Group. The business’s workforce and production capabilities fit well with our ambitions to further expand in such a pivotal industrial market as Mexico. We look forward to leveraging the strengths of Thimm Packaging Systems with the global footprint of Tri-Wall to further serve existing and new customers.”
Under the management of Rengo Co., Ltd, the largest packaging supplier in Japan with over 110 years of experience in manufacturing corrugated packaging solutions, the Tri-Wall Group has made several large strides in expanding its global network including entering the North American market in 2017. The addition of Thimm Mexico will further expand Tri-Wall’s capabilities in a key automotive and industrial market. The Tri-Wall team is excited to welcome the Thimm Mexico team into the Tri-Wall family, and TW Mexico sees a bright future ahead for Thimm Mexico.
The Thimm Group is the leading solutions provider for the packaging and distribution of goods. Its portfolio includes corrugated cardboard transportation and sales packaging, high-quality promotional displays, packaging systems combining a range of materials and print products for further industrial processing. The company’s product offerings are further enhanced by a wide range of associated packaging services covering the entire supply chain. Its customers include prestigious branded product groups from across all sectors. Founded in 1949, the family-owned business has currently more than 3,500 employees at 20 sites in Germany, Czech Republic, Romania, Poland and France and generated in 2019 annual revenues of around 623 million euros.