US firm Bemis completes acquisition of SteriPack’s medical device packaging operations

2 May 2016 (Last Updated May 2nd, 2016 18:30)

US-based Bemis has acquired the medical device packaging operations and related value-added services of SteriPack Group for an undisclosed sum.

US-based Bemis has acquired the medical device packaging operations and related value-added services of SteriPack Group for an undisclosed sum.

SteriPack Group manufactures sterile packaging solutions for medical device and pharmaceutical applications worldwide.

The latest deal includes a facility in Ireland, as well as packaging production assets in Malaysia and the US.

In the last fiscal year, these operations recorded annual net sales of around US$65m.

"SteriPack Group will continue to independently own and operate its contract manufacturing services business."

Following the acquisition, SteriPack Group will continue to independently own and operate its contract manufacturing services business.

The companies have not disclosed other details of the deal.

Established in 1858, Bemis serves companies that provide food, consumer and healthcare products.

The company currently employs around 17,500 individuals across the globe.

In December, Bemis acquired the rigid plastic packaging operations of Emplal Participações, a privately owned Brazilian manufacturer of plastic packaging for food and consumer applications.