Ampersand-backed Tjoapack, a contract packaging organization, completed the acquisition of Pharma Packaging Solutions, a healthcare packaging services company. Financial terms were not disclosed. "Tjoapack's acquisition of PPS creates an opportunity to build a new global leader in contract packaging and supply chain services for the pharmaceutical market. The acquisition supports Tjoapack's growth strategy and is indicative of our commitment to customers. Both companies are known in the market for having a nimble, customer-centric mindset that translates into high service quality and flexibility in providing tailored solutions to complex client needs. Having operations in both the US and Europe will ensure that our customers' products are available to patients that need them anywhere and anytime," Dexter Tjoa, Tjoapack CEO.