TriMas Corporation
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TriMas Corporation - overview
Location
Bloomfield Hills, MI, US
Primary Industry
Packaging
About
TriMas Corp is a manufacturing company focused on delivering innovative packaging solutions and advanced components across consumer, aerospace, and industrial markets, demonstrating a commitment to quality and customer satisfaction. TriMas Corp specializes in manufacturing diverse products, including packaging solutions for consumer goods and advanced components for aerospace applications. Headquartered in Bloomfield Hills, US, the company has evolved its operations to meet market demands. The CEO team includes Andrea Amadei and Thomas Amato, who bring extensive experience to the leadership role.
TriMas manufactures a diverse range of products primarily targeting the consumer products, aerospace and defense, and industrial markets. Key offerings include packaging solutions under the TriMas Packaging group, which focuses on creating innovative containers and dispensing solutions designed for various consumer goods. The TriMas Aerospace division provides advanced components for the aerospace industry, contributing to both commercial and defense applications. The Specialty Products group encompasses a variety of industrial goods that serve specific niche markets.
TriMas products are utilized by a broad spectrum of customers, including large multinational corporations and smaller enterprises, across various geographical markets such as North America, Europe, and Asia-Pacific, reflecting a commitment to meeting the needs of diverse end users. TriMas generates revenue through a B2B model, primarily engaging in direct sales to manufacturers and distributors within its target industries. In 2023, the company's revenue was USD 893. 55 mn, with an EBITDA of USD 123.
96 mn. Transactions typically follow a structured pricing plan where clients place orders for specific product lines, often involving contractual agreements for larger, ongoing supply needs. TriMas's revenue streams are bolstered by partnerships with key retailers and wholesalers who distribute their products across different regions. Notably, flagship offerings from each product group are integral to securing long-term contracts that drive recurring revenue.
The pricing structure is designed to offer competitive rates while ensuring value for both TriMas and its clients, thereby solidifying its position in the marketplace.
Primary Industry
Packaging
Sub Industries
Aerospace, Industrial Machinery, Packaging
Website
www.trimascorp.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
TriMas Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out | Completed | TriMas Aerospace | - | ||||||||
| Trade Sale | Completed | Liqui-box Corporation | - | ||||||||
| Trade Sale | Completed | RSA Engineered Products, LLC | - | ||||||||
| Corporate Carve Out | Completed | LGC US Asset Holdings, LLC | - | ||||||||
| Trade Sale | Completed | TAPLAST S.p.A. | - |
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