Amidst defining developments in healthcare and pharmaceuticals landscape, mergers and acquisitions continue to remain the norm. In this light, leading medical device packaging specialist, Nelipak has been recently acquired by Kohlberg & Company. The latter is best known for its private equity services. Its primary business model focuses on leveraged carveouts which amounts to acquiring certain divisions from bigger enterprises. The firm is aimed at easing out operational and financial crisis of companies.
Nelipak Specializes in Customized Thermoformed Packaging
The company strives to contribute towards incessant value addition in the middle market with its headquarters in New York. Nelipak is a leading market participant in medical packaging. With headquarters at Cranston, Nelipak excels in innovating customized thermoformed packaging solutions catering to diverse needs across pharmaceutical and medical device sectors. The company has reasonable global presence spanning across North and Latin America as well as in Europe. However, the company will continue to function as Nelipak Healthcare Packaging.
Nelipak boasts of a strong product line of custom designed packaging solutions for medical device as well as pharmaceutical sectors. Class II and III medical devices packaging remain its core functional areas. It is also well renowned for its state of the art cleanroom facilities that complements its quick turn-around-time despite challenging requirements. Along with a slew of several value added services, Nelipak is best known for providing superlative offerings such as blisters and a wide range of trays such as surgical procedure trays and pharmaceutical handling trays. With this latest acquisition by Kohlberg the company is optimistic about targeting novel growth opportunities in terms of portfolio diversification as well as geographical expansion, besides strengthening customer relations.
Nelipak has remined a key market contributor in its span of sis decades in the industry. In recent years, the company has significantly transformed its business, elevating its global reach. Under the ownership of Kohlberg, the company is estimated to further accelerate its onward rise.