Colorcon completed the acquisition of Airnov Healthcare Packaging from Arsenal Capital Partners.

Colorcon, a pharmaceutical company, completed the acquisition of Airnov Healthcare Packaging, a packaging solutions provider, from Arsenal Capital Partners, a private equity firm. Financial terms were not disclosed. "Airnov's capabilities are a strong complement to Colorcon's existing portfolio. Our partnership expands our platform of stability and moisture management solutions from core to coatings to in-package offerings," Simon Tasker, Colorcon CEO.