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Mason Wells announced today that it has closed on the acquisition of the rigid medical packaging business of Sealed Air Corp. The business will be owned by Nelipak Corp. and operate under the name of Nelipak Healthcare Packaging. Nelipak is a newly formed company owned by Mason Wells, management and other co-investors.

PlasticsToday Staff

December 6, 2013

1 Min Read
Updated: Mason Wells acquires Nelipak Healthcare Packaging

Mason Wells announced today that it has closed on the acquisition of the rigid medical packaging business of Sealed Air Corp. The business will be owned by Nelipak Corp. and operate under the name of Nelipak Healthcare Packaging. Nelipak is a newly formed company owned by Mason Wells, management and other co-investors.

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Headquartered in Cranston, RI, with production facilities in Cranston, the Netherlands, Ireland, and Costa Rica, the company has a 60-year history designing, developing and manufacturing custom aseptic thermoformed packaging for the medical device and pharmaceutical industries. The employees and suppliers of Nelipak have played an integral role in the company's success and will continue to do so in the future, according to a press release from the company. Nelipak will remain an independent business and not be affiliated with any other converting operations within Mason Wells' portfolio.

"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" said Clas Nilstoft, President and CEO of Nelipak, in a prepared statement. "With its global locations, world class design team, modern cleanroom manufacturing, strong sales organization and experienced management team, Nelipak is well positioned to take advantage of growth opportunities in the market."

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