Pacur, LLC, a supplier of specialty plastic packaging materials for the medical device industry, has purchased Carolex SAS, a PETG sheet extruder. The purchase serves to strengthen Pacur’s product focus in Europe.
Pacur is a supplier of extruded PETG sheet used to provide rigid, high-performance packaging for medical devices. In addition, the firm produces sheet for specialty graphics, pharmaceutical packaging and food packaging.
Carolex is the firm’s first acquisition and extends its services into Europe. Pacur is a portfolio company of Gryphon Investors private equity firm which invested in the firm in 2020.
“The past two years have certainly highlighted how important the entire medical supply chain has become, and has reinforced Pacur’s commitment to increasing our global presence,” added John Carlson, CEO of Pacur. “We look forward to investing in Carolex and bringing Pacur’s market-leading capabilities in product innovation to Carolex’s European customers.”