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Synopsis
Comar, a supplier of custom medical devices and assemblies and specialty packaging solutions, completed the acquisition of Omega Packaging, a supplier of compostable and biodegradable bags. The deal is backed by Morgan Stanley Capital Partners. Financial terms were not disclosed. The combination of Omega Packaging and Comar enhances Comar's customer value proposition by adding complementary closure and jar products and related precision mold-making expertise. The acquisition enables Comar to provide customers with a more expansive rigid packaging portfolio, increased CT and CR closures capacity, and an optimized production network. The combined company will have eleven manufacturing facilities and more than 1100 employees across the US.
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