Date: 2011-12-02
Type of information: Company acquisition
Acquired company: PharmaPack International (The Netherlands)
Acquiring company: Actavis (Switzerland)
Amount: undisclosed
Terms: Actavis Group has acquired 100% of the shares in PharmaPack International B.V. for an undisclosed amount. PharmaPack is based in Zoetermeer, the Netherlands, and is a specialist in packaging pharmaceutical as well as biotechnological products. The company has extensive experience with product, organisational and country-specific packaging requirements and has been involved in the pharmaceutical service industry for almost 30 years. This acquisition gives Actavis much greater flexibility in tender markets and allows for minimum order quantities for smaller markets. So Actavis will be able to reduce its lead times. One of the Dutch company's future roles will be the bulk packaging of pharmaceuticals produced in the Actavis facility in Alathur (India). Another advantage of this packaging centre will be a significant reduction in freight costs.
Details: PharmaPack's services includes primary packaging (blisters, containers, hospital packages (unit dose), buckets, bulk packaging, deblistering); secondary packaging (vials, inhalers, kitting, manual packaging, repackaging, labelling); purchase of all necessary packaging components; bulk sampling and quarantine storage; packaging and storage of opiates class 1 and 2; climate controlled storage and worldwide distribution; packaging for clinical trial; complete (cold) supply chain solutions and secondary packaging of cytostatics and (anti-)hormones.
Related: Pharmaceutical packaging
