Nelipak new name for healthcare packaging business

By Michael Lauzon
Correspondent

Published: December 9, 2013 4:37 pm ET
Updated: December 9, 2013 4:40 pm ET

Related to this story

Topics Packaging, Medical

Private equity firm Mason Wells has renamed its acquired rigid medical packaging producer Nelipak Corp.

Mason Wells of Milwaukee completed the previously announced purchase from Sealed Air Corp. on Dec. 9. The business will operate under the name Nelipak Healthcare Packaging. It is owned by Mason Wells, management and co-investors.

Sealed Air said Nov. 13 that it was exiting the rigid medical packaging market to focus on core businesses of flexible packaging for food, protective applications, high-heat uses, cleaning and hygiene supplies and other specialty markets. Sealed Air will continue to supply flexible films to the medical industry.

Nelipak operates plants in Cranston, R.I.; Venray, Netherlands; Galway, Ireland, and San Jose, Costa Rica. It thermoforms trays and blister packs from PET sheet and contains clean room manufacturing. Although Mason Wells includes other packaging companies in its portfolio, Nelipak will be an independent business not affiliated with any other Mason Wells business.

“We believe the company provides an excellent platform for growth and is well-positioned to capitalize on a number of market and new product opportunities driven by global demographic trends,” stated Mason Wells director Jay Radtke in a news release.

“Mason Wells shares our vision of becoming the global leader of thermoformed products and services focused exclusively on the healthcare industry, and they are prepared to immediately invest in new and upgraded capacity for the business,” added Nelipak President and CEO Clas Nistoft.


Comments

Nelipak new name for healthcare packaging business

By Michael Lauzon
Correspondent

Published: December 9, 2013 4:37 pm ET
Updated: December 9, 2013 4:40 pm ET

Post Your Comments


Back to story


More stories

Image

Sigma's Packworx center geared at helping customers solve problems

September 29, 2014 3:41 pm ET

Sigma Stretch Film has opened a training center to help customers find the best solution to using the packaging films.    More

Image

Clariant extends reach into Asia with acquisition

September 29, 2014 9:54 am ET

Clariant International Ltd. is buying VitaPac (HK) Industrial Ltd., a Hong Kong-based company which produces desiccant packets for the healthcare...    More

Image

Global giant Foxconn to make, sell molding machines

September 26, 2014 2:48 pm ET

For years, Taiwan's Foxconn Technology Group has been the world's largest contract manufacturer for electronics, with more than 1 million employees...    More

Image

Nypro Healthcare continues to grow following Jabil acquisition

September 26, 2014 1:59 pm ET

Nypro Healthcare's newest medical device manufacturing facility offers 200,000 square feet of carefully configured Class 8 clean room molding and...    More

Image

England's Essentra buying Abric Berhad

September 26, 2014 11:31 am ET

Packaging firm Essentra plc has announced the planned acquisition of Abric Berhad, a Kuala Lumpur-based manufacturer of security sealing products.    More

Market Reports

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our industry analysis highlights macro industry trends and micro trends faced by companies that do business in Mexico. The report also provides key industry statistics and forecasts to anticipate future industry expansion.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events