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Nelipak takes over Merrill’s Packaging
Yahoo Finance· 2025-12-09 09:26
Core Insights - Nelipak has acquired Merrill's Packaging, enhancing its position in key healthcare manufacturing hubs, although financial terms were not disclosed [1] - Merrill's Packaging specializes in custom thermoformed packaging for medical devices, pharmaceuticals, and life sciences, with additional offerings in design and tooling services [1][2] Company Overview - Merrill's Packaging operates ISO 13485-certified manufacturing facilities in Burlingame, California, and Alajuela, Costa Rica [2] - Established in 1961, Merrill's Packaging has a history of growth and innovation, particularly noted for its move into the Costa Rican market in 2010 and plans for a larger facility in 2024 [3][4] Strategic Implications - The acquisition is seen as a growth opportunity for both Merrill's employees and customers, with expectations of enhanced value delivery through Nelipak's global capabilities [2][4] - Nelipak's CEO emphasized the benefits of Merrill's dedicated team, custom thermoforming capabilities, and strong customer relationships, which will complement Nelipak's existing product offerings [4][5] Operational Scale - Nelipak operates 14 facilities globally, with a workforce of over 1,600, including eight in the Americas, five in Europe, and one in Asia [5]
Amcor launches packaging solution for healthcare industry
Yahoo Finance· 2025-10-17 08:52
Core Insights - Amcor has launched AmSecure, a next-generation packaging solution for the healthcare industry, enhancing its HealthCare portfolio [1][4] - AmSecure is based on amorphous polyethylene terephthalate (APET) and is designed for thermoformed trays and rollstock in medical and pharmaceutical applications [1] - The new product offers comparable performance to polyethylene terephthalate glycol (PETG) while being more cost-effective and improving supply chain efficiencies [2] Product Features - AmSecure maintains clarity, durability, and compatibility with standard sterilization methods, making it suitable for healthcare applications [1] - The product is designed to accept various raw material supply options, ensuring supply chain continuity [2] - AmSecure is certified to meet or exceed the Design for Recyclability Recognition requirements from the Association of Plastic Recyclers (APR) [2] Production and Capacity - The launch follows an expansion of thermoforming capacity at Amcor's Oshkosh, Wisconsin facility, allowing scalable production to meet increasing market demand [3] - AmSecure will be supported by a range of compatible lids and pouches, enhancing its usability in the healthcare sector [3] Management Changes - Amcor has appointed Stephen Scherger as the new executive vice-president and chief financial officer (CFO), effective from November 10, 2025, succeeding Michael Casamento [4][5]