Announced
Completed
Financials
Tags
automation solutions
medical devices
Private
Medical Equipment
Acquisition
United Kingdom
Single Bidder
Majority
Completed
Friendly
Synopsis
Mpac Group, the global packaging solutions group, completed the acquisition of Lambert Automation, a provider of technology leading automation solutions to the medical and consumer healthcare markets, for £15m. "Lambert is a high-quality business with proven performance and long-standing embedded relationships with global blue-chip customers. Clear synergies exist in the market, technologies and supply chain which will provide our customers and potential new customers even greater confidence in the delivery of complete turn-key packaging solutions. Lambert entered 2019 with a significantly higher order book than the previous year and I am excited about the potential of the combined business and the momentum it brings to the fulfilment of our strategic plans," Tony Steels, Mpac CEO.
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