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Article | October 11, 2012
Pharma/personal care packager Unicep sells to top execs
Two executives, five years each, learn the business and make the succession plan a fait accompli.
Last year, Unicep Packaging (www.unicep.com), Sandpoint, Idaho, celebrated its 20th year. This year the ownership of the contract services firm, serving personal care, pet care and pharma sectors, changed hands.
Two of the company’s executives, Marcus Anderson and Clint Marshall finalized the purchase of the company in mid-September from founder John Snedden. Anderson was company president and Marshall was CFO prior to the purchase. Both joined the company roughly five years ago. In fact, the company reports that the two execs joined the company "with the intent to purchase the company."
Marshall began his professional career in Spokane as an auditor with Coopers and Lybrand before moving to Telect, Inc. to prepare the company for an IPO. Anderson has over twenty years of management experience in production and manufacturing. His previous position was director of global operations for Telect, Inc. where he managed plants in US, Mexico, Poland and China.
“Marcus and I are excited to build on our past successes and capitalize on numerous growth opportunities in the pharmaceutical, oral care, medical device, cosmetic and veterinary markets,” Marshall said. “You can expect our continued commitment to offering quality formulation, compounding, filling and packaging services.”
Unicep began as a contract packager of unit dose packaging for dental materials. The company went on to develop proprietary equipment and methods for producing patented MicroDose and Twist-Tip dispensers. In addition to contract packaging, services include formulation development and non-sterile contract packaging and compounding for gels, liquids, lotions, and emulsions for oral healthcare, IVD, OTC, cosmetic and nutraceutical markets. Over the years, the company has become a supplier of choice for several of the world’s leading pharmaceutical companies.
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