Ringmetall completes acquisition of US bag-in-box maker Rapak
German industrial packaging group Ringmetall closed its acquisition of Rapak LLC on 2 November 2026, taking 100% of the Illinois-based bag-in-box maker and entering the North American bag-in-box market. Rapak, formerly part of TriMas, employs about 50 staff across two US plants and generates roughly USD 20m in annual revenue; the deal was funded from Ringmetall's own cash and existing credit lines.
Why this mattersThe deal lifts Ringmetall to what it calls the world's fourth-largest bag-in-box systems maker and gives it a direct US manufacturing and filling-equipment foothold.
- Ringmetall completed the acquisition of Rapak LLC on 2 November 2026, after announcing the deal on 29 October 2026.
- Rapak operates two facilities, in Woodridge, Illinois and Indianapolis, Indiana, with about 50 employees and annual revenue of roughly USD 20m.
- Rapak makes bag-in-box flexible packaging for liquid food, beverages and industrial liquids, plus associated liquid filling systems.
- Rapak was previously a packaging business of US group TriMas.
- Ringmetall says the deal makes it the fourth-largest bag-in-box packaging systems manufacturer globally.
- Rapak is Ringmetall's fourth acquisition of 2026, after Turkey's Makplast, the thermoforming business of US-based New England Plastics, and South Africa's Vinbag.