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According to people familiar with the matter, Brookfield Asset Management Inc. is considering selling Trimco, a manufacturer of labels, packaging and brand identification tracking products headquartered in Hong Kong, and has previously received an intention to acquire the company. People familiar with the matter revealed that Brookfield has conducted preliminary discussions with potential advisors on a possible sale. They said the deal could value Trimco in excess of $1 billion. Investors and industry players have shown some interest in the asset, adding that the formal process may not begin until next year, according to people familiar with the matter. A Brookfield representative declined to comment.
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According to people familiar with the matter, Brookfield Asset Management Inc. is considering selling Trimco, a manufacturer of labels, packaging and brand identification tracking products headquartered in Hong Kong, and has previously received an intention to acquire the company. People familiar with the matter revealed that Brookfield has conducted preliminary discussions with potential advisors on a possible sale. They said the deal could value Trimco in excess of $1 billion. Investors and industry players have shown some interest in the asset, adding that the formal process may not begin until next year, according to people familiar with the matter. A Brookfield representative declined to comment.
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