Brookfield Reportedly Explores Sale of Nike Label Supplier Trimco

Deep News11-06

Brookfield Asset Management is reportedly considering a sale of Trimco, a Hong Kong-based manufacturer of labels, packaging, and brand identification tracking products, after receiving acquisition interest in the company, according to people familiar with the matter.

Brookfield has held preliminary discussions with potential advisors regarding a possible sale, the people said. A deal could value Trimco at more than $1 billion, they said.

Investment firms and industry players have already shown some interest in the asset, the people said, adding that a formal process may not begin until next year. A representative for Brookfield declined to comment.

Trimco supplies labels and branding products to companies including Nike (NYSE: NKE).

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