The acquisition is expected to enhance the company's position in key markets.
Jabil Circuit Inc. affirmed it has completed its acquisition of Nypro Inc., a provider of manufactured precision plastic products for customers in the healthcare, packaging and consumer electronics industries. The definitive agreement was announced on February 4, 2013.
“We are pleased to finalize this transaction and look forward to integrating the Nypro business and customers with Jabil’s current healthcare and instrumentation business,” says Courtney Ryan, Jabil’s senior vice president who will run the business from the current Nypro headquarters in Clinton, Mass. “This is an exciting time for both companies and we look forward to collectively serving customers with a broad array of service offerings in the healthcare and plastic packaging marketplaces under the Nypro name.”