Industry News

Pretium Packaging Acquires Starplex Scientific to Expand in Healthcare Sector

Published on 2019-08-26. Author : SpecialChem

TAGS:  Medical    

Pretium Packaging Acquires Starplex Scientific to Expand in Healthcare SectorPretium Packaging has acquired Starplex Scientific Inc. from Apotex Corp. The Starplex acquisition supports Pretium’s growth objectives in the medical and consumer healthcare market sectors.

“Starplex’s quality systems and medical device knowledge will be welcome additions to our growing healthcare market segment,” said Paul Kayser, president and chief executive officer of Pretium.

In keeping with Pretium’s ongoing acquisition philosophy, existing employees and the Starplex Scientific brand will be retained.

Acquisition Sponsored by Genstar

David Golde, Managing Director at Genstar Capital, stated, “Genstar is pleased to be sponsoring Pretium’s acquisition of Starplex Scientific. The acquisition represents the seventh completed during Genstar’s ownership. Starplex has a market presence in medical consumables and healthcare packaging, both of which represent key areas of continued investment and growth for Pretium.”

Starplex Scientific’s Products Portfolio

Starplex Scientific has built product lines, including leak-resistant sterilized containers, biological sampling swabs and pharmaceutical grade containers and closures. Its products serve the clinical, laboratory and drug manufacturing markets in the United States and Canada.

Products are produced from ISO13485-certified operations in Toronto and Cleveland, Tennessee, with a combined 200,000–plus square feet of manufacturing space.

Source: Pretium Packaging
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