PrePak Holdings, a group of companies focused on contract manufacturing
and packaging, completed the transaction on Aug. 31. TestPak is a
contract packaging company and health care supply chain solution
provider focused on pharmaceuticals.
TestPak, founded in 1983,
offers a wide range of contract packaging, development and logistics
services to clients in the pharmaceutical, nutritional and consumer
products industries. TestPak is FDA registered, cGMP compliant and a
DEA-licensed facility. TestPak specializes in solid-dose packaging into
several different configurations and has been an industry leader in
thermoform blister packaging for over 20 years.
The purchase of
TestPak is the first operation for PrePak in the New Jersey area.
TestPak’s three-site campus has nearly 90,000 square feet of production
and warehouse space, including 26 climate-controlled packaging suites.
“The
acquisition of TestPak opens up significant new market opportunities
for PrePak,” said Renard Jackson, newly appointed CEO of PrePak. “We
are excited about the TestPak group joining the PrePak family of
companies. The TestPak facilities will not only create redundancy and
backup services with our customer base, but also bring new innovations
and capabilities to the whole organization.”
PrePak Holdings, based
in Cookeville, Tenn., with four other locations in the United States,
is a fast-growing contract manufacturing and packaging group with a
history of quality, customer focus, innovation and outstanding talent.
PrePak’s
facilities are FDA registered and cGMP compliant. Markets served are
mid- to large-sized companies in the pharmaceuticals, nutritional,
consumer products, medical devices, health and beauty, and animal
health industries. In addition to TestPak, its subsidiaries are PrePak
Systems, Celeste Contract Manufacturing and Packaging and Integrated
Pharmaceutical Packaging.
PrePak acquires TestPak packaging and logistics company
PrePak Holdings Inc. announced it has successfully acquired TestPak, a health care supply chain company in Whippany, N.J.
Sep 20, 2010
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