Packaging revenue rose 8.8%, yet TriMas agreed to sell Rapak

Even when the packaging division grows, an individual business may not stay.

TriMas Packaging's revenue for July–September 2026 rose 8.8% year on year. The company described Rapak, with annual sales of roughly $20 million, as having below-average margins and entered into an agreement to sell it. Growth across the packaging division did not mean every individual business would be kept.

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Translated from Japanese by AI. The Japanese original is authoritative.

Packaging revenue rose 8.8%, yet TriMas agreed to sell Rapak

TriMas has entered into an agreement to sell one packaging business. The business being sold is Rapak, which handles bag-in-box packaging. The buyer, Ringmetall, has agreed to acquire all equity interests and two US sites.

The company's packaging revenue was $147.59 million in July–September 2026. That was up 8.8% from $135.70 million in the same period a year earlier. The oddity of this deal is the decision not to retain a product group despite revenue growth.…

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Packaging revenue rose 8.8%, yet TriMas agreed to sell Rapak

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