Oliver Healthcare Packaging Acquires EK-Pack Folien GmbH
Oliver Healthcare Packaging, a leading supplier of sterile barrier flexible packaging solutions to the global healthcare market, has announced the acquisition of EK-Pack Folien GmbH, a manufacturer of high-quality film and foil technology, located in Ermengerst-Wiggensbach, Bavaria, Germany. This acquisition includes Vacopack H. Buchegger AG, a fully owned subsidiary of EK-Pack, based in northeastern Switzerland. As a part of the agreement, Oliver will acquire:
“We are thrilled to see this partnership come to fruition,” stated Michael Benevento, President and Chief Executive Officer of Oliver Healthcare Packaging. “This acquisition gives us greater control over our supply chain and allows us to innovate new products to meet our customers’ evolving needs. In recent years, we have invested heavily in the European region to better support our customer base. This vertical integration is a strategic way to build scale and flexibility while insourcing many of our packaging materials.”