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Bemis Company acquires packaging operations of SteriPack

Bemis Company acquires packaging operations of SteriPack, pharmaceutical packaging, medical packaging, corporate news, M&A
GLOBAL -
Bemis Company Inc has acquired the medical device packaging operations and related value-added services of SteriPack Group, a global manufacturer of sterile packaging solutions for medical device and pharmaceutical applications.

This acquisition includes a facility in Ireland as well as packaging production assets in Port Klang, Malaysia and the United States. In all, these operations recorded annual net sales of approximately US$65 million in fiscal 2015.

According to Bemis, SteriPack Group will continue to independently own and operate its contract manufacturing services business. Details of the transaction were not disclosed.

“We believe that Bemis will continue to build upon the strong customer relationships and world class operations established by SteriPack over the last 21 years,” said Garry Moore, Founder and CEO of SteriPack Group. “We look forward to focusing on the development of our contract manufacturing business across the globe.”

Paul Verbeten, President of Bemis Healthcare Packaging, said, “The success of our global customer base is at the core of all of our decisions. We have a long term, passionate commitment to the Healthcare Packaging business and are excited about what the combined resources of Bemis and SteriPack will bring to the marketplace. We expect this acquisition to be seamless to our customers, and to provide them with additional resources, risk free supply and innovative technologies.”

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