Announced
Financials
Tags
Germany
packaging
Containers and Packaging
Acquisition
Cross Border
Majority
Private
Pending
Friendly
Single Bidder
Synopsis
Oliver Healthcare Packaging, a supplier of sterile barrier flexible packaging solutions to the global healthcare market, agreed to acquire EK-Pack Folien, a manufacturer of film and foil technology. Financial terms were not disclosed. “We are thrilled to see this partnership come to fruition. This acquisition gives us greater control over our supply chain and allows us to innovate new products to meet our customers’ evolving needs. In recent years, we have invested heavily in the European region to better support our customer base. This vertical integration is a strategic way to build scale and flexibility while insourcing many of our packaging materials,” Michael Benevento, Oliver Healthcare Packaging President and CEO.
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