Healthcare packaging provider Nelipak has completed the acquisition of Debond (doing business as Flexpak) and will operate the acquired business under the name of Nelipak Healthcare Packaging.
The acquisition will help Nelipak to expand its healthcare market in the US, taking advantage of growth opportunities in the Southwest US and northern Mexico.
Flexpak will develop thermoformed packaging products and service capabilities for the healthcare market as part of the Nelipak brand.
Flexpak president and CEO Steven Murray said: "This is an incredible growth opportunity for Flexpak's employees and its customers. With access to Nelipak's global capabilities, we look forward expanding the Southwest US and northern Mexican markets and exploring new ways to enhance our value to customers."
Nelipak president and CEO Mike Kelly said: "This acquisition enables us to better support our customers, and the Flexpak team and facility complement our current capabilities."
Established in 1974, Flexpak produces thermoformed trays, clamshells and blisters for medical markets, as well as consumer and food markets. Based in Phoenix, Arizona, the company also provides design engineering, concept development, prototyping, in-house tooling design and fabrication, supply chain management, and maintenance and validation services. Most of its customers are medical device manufacturers in the Southwest US and northern Mexico.
Nelipak offers healthcare thermoformed packaging services for medical device manufacturers and pharmaceutical companies.