BLOOMFIELD HILLS, Mich., Nov. 2, 2026 /PRNewswire/ — Woodward Park Partners is pleased to announce that Rapak, LLC, a subsidiary of TriMas Corporation (NASDAQ: TRS), was acquired by Ringmetall SE (ISIN: DE000A3E5E55). Rapak, headquartered in Woodridge, Illinois with operations in Indianapolis, Indiana, is a producer of bag-in-box packaging and filling systems for liquid food, beverage and industrial applications. With the acquisition, Ringmetall enters the North American bag-in-box market and becomes the fourth largest bag-in-box manufacturer worldwide.

Thomas Snyder, President and CEO of TriMas, said, “The transaction represents another important step in streamlining our portfolio and increasing our focus on businesses and end markets where we believe we have the greatest opportunity to drive profitable growth and attractive returns. We are also pleased to have found a strong strategic owner for Rapak, and one that is well-positioned to support the business’ continued growth and success going forward.”

Rapak, LLC (www.rapak.com), Rapak is a producer of flexible bag-in-box packaging and the associated filling systems for liquid food, beverage and industrial applications. The company operates from two sites in Woodridge, Illinois and Indianapolis, Indiana. Rapak was acquired by TriMas in 2020 and has operated as part of the TriMas Packaging group.

TriMas (NASDAQ: TRS) (www.trimas.com), TriMas designs, manufactures and supplies a broad range of innovative and high-quality products for the consumer packaging, life sciences and industrial markets through its TriMas Packaging and Specialty Products groups. TriMas has approximately 2,500 employees in 12 countries.

Ringmetall SE (ISIN: DE000A3E5E55) (www.ringmetall.de), Ringmetall is a leading international specialist supplier of industrial packaging. The company produces highly secure closure systems and inner liners for industrial drums in the chemical, pharmaceutical and food processing industries, and also offers packaging solutions for the beverage industry. Headquartered in Munich, Germany, Ringmetall has production and sales locations across Europe, as well as in China, the USA and South Africa.

About Woodward Park Partners
Woodward Park Partners is a middle-market focused investment banking firm. The firm specializes in providing high-touch advisory services with unparalleled senior professional involvement to financial sponsors, private business owners and publicly-traded companies. The firm’s expertise covers a wide spectrum of transaction types, including private company sales, divestitures, mergers & acquisitions and other financial advisory engagements.

For more information, please contact info@woodwardparkpartners.com.

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SOURCE Woodward Park Partners