Bemis Co. Inc. (NYSE: BMS) will buy SteriPack Goup’s medical packaging division for an undisclosed amount, as Bemis looks to expand its health care business.

The target produces medical packaging products such as bags and pill boxes. The acquisition includes operational facilities located in Florida, Ireland and Malaysia. Dublin, Ireland-based SteriPack says the sale will allow the company to focus on its contract manufacturing business, which offers product design, testing and manufacturing for medical device and pharmaceutical providers.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.