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
Companies & Associations

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

Flextronics launches global injection molding, tooling unit

March 26, 2015 4:29 pm ET

Flextronics International Ltd. (Booth S34125) is officially launching Precision Plastics, a global injection tooling and manufacturing unit, as a...    More

Image

Kautex showing off an extrusion blow molding machine at NPE

March 25, 2015 6:00 am ET

After 80 years in business, Kautex Maschinenbau GmbH officials know good old-fashioned word of mouth is often the best way to reach more customers.    More

Image

Fabri-Kal to expand its sustainable packaging with new Idaho plant

March 20, 2015 2:03 pm ET

Thermoformed packaging company Fabri-Kal Corp. plans to tap into Idaho's farming community to expand its sustainable packaging program.    More

Silgan picks Hazelwood, Mo., for plant

March 20, 2015 11:32 am ET

Silgan Plastics has reportedly selected the location of its second new plastics container plant.    More

Image

Advances in barrier injection molding highlighted at NPE

March 17, 2015 10:39 am ET

It's a Holy Grail of plastics: Clear, coinjection molded containers to replace metal cans, the common “tin can” produced by the billions e...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

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

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

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

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

More Events