2014 Mason Wells Newsletter - Volume 2
In This Issue:
- Nelipak Healthcare Packaging Acquires Flexpak Corporation, Announces new CEO & CFO, and receives an award
Portfolio Company Updates:
Paris Presents Incorporated
Charter NEX Films, Inc.
Whitehall Specialties, Inc.
Nelipak Healthcare Packaging Acquires Flexpak Corporation
Nelipak Corporation (dba Nelipak Healthcare Packaging), recently acquired Debond Corporation (dba Flexpak Corporation) (“Flexpak”). Flexpak, founded in 1974, is a manufacturer of custom thermoformed trays, clamshells, and blisters with an emphasis on medical markets as well as consumer and food markets. Based in Phoenix, Arizona, Flexpak provides a host of complementary services such as design engineering, concept development, prototyping, in-house tooling design and fabrication, supply chain management services, and maintenance and validation services.
Flexpak’s customers include some of the best-known medical device manufacturers in the Southwestern United States and Northern Mexico. Under the Nelipak brand, Flexpak will further develop its thermoformed packaging products and service capabilities for the healthcare market. The employees and suppliers of Flexpak have played an integral role in the company’s success and will continue to do so in the future.
The Flexpak acquisition strengthens Nelipak’s commitment to the US healthcare market and will allow Nelipak to take advantage of growth opportunities in the Southwestern United States and Northern Mexico regions. Flexpak’s customers will have access to Nelipak’s award-winning design teams and modern cleanroom manufacturing throughout its global locations.
“This is an incredible growth opportunity for Flexpak’s employees and its customers,” said Steven Murray, President and CEO of Flexpak. “With access to Nelipak’s global capabilities, we look forward to expanding the Southwestern US and Northern Mexican markets and exploring new ways to enhance our value to customers.“
A 60-year brand, Nelipak is a global leader in the healthcare thermoformed packaging industry with a world-class reputation for quality and service. Nelipak, 100% focused on the healthcare market, continues to invest in best-in-class manufacturing and cleanroom facilities delivering high-end packaging to leading medical device manufacturers and pharmaceutical companies.
“We are thrilled to expand our global footprint and gain greater access to the US and Mexican markets with the acquisition of Flexpak,” said Mike Kelly, President and CEO of Nelipak. “This acquisition enables us to better support our customers and the Flexpak team and facility complement our current capabilities.” For more details, please visit www.nelipak.com.
More from Nelipak:
In April 2014, the Nelipak Board of Directors announced that Mike Kelly will become the CEO and President and Paul Hogan will become the CFO of Nelipak Healthcare Packaging. For more information on Mr. Kelly & Mr. Ho- gan, please visit www.nelipak.com.
A Nelipak Healthcare Packaging design was a category winner at the recent IoPP AmeriStar & Visionary Awards ceremony. For more details, please visit www.healthcarepackaging.com.
Portfolio Company Updates
Paris Presents Incorporated was recently ranked the fastest-growing health and beauty company under $1 billion in sales by The Boston Consulting Group (BCG) and Information Resources, Inc. (IRI). In a study released by BCG & IRI earlier this year, Paris Presents was rated the top-performing health and beauty company within the $100 million to $1 billion dollar category based on IRI-measured retail sales. The annual study examined more than 400 CPG companies with annual US retail sales greater than $100 million and then ranked them on the basis of their growth and market share gains. For more information, please visit www.parispresents.com/news.
In May 2014, Charter NEX Films, Inc. held a groundbreaking ceremony announcing a significant expansion of their Milton, Wisconsin facility. The expansion will almost double the size of the facility, allowing for 4 to 5 additional extrusion lines and additional warehouse space. The project is slated for completion this October. For more details regarding the expansion, please visit www.charternex.com.
Also, earlier this year, Charter NEX Films, Inc., was recognized by the National Aeronautics and Space Administration (NASA) with a 2013 NASA Agency Group Achievement Award and Silver Achievement Medal for their involvement with NASA’s Columbia Scientific Balloon Program. NASA uses Charter NEX film for Super Pressure Balloons and Zero Pressure Balloons. Charter NEX received The Group Achievement Award for its involvement with the 2012/2013 Antarctic Long Duration Balloon and was awarded the Silver Achievement Medal for its continued production of exceptional quality balloon film in NASA’s Balloon Program.
“We are grateful for the recognition from NASA for our quality and innovation,” said Kathy Bolhous, CEO. “It is an honor to be selected for the Silver Achievement Medal and the Group Achievement Award. Our production team does an excellent job of making the best quality film for the specific applications required.” To read the entire article, please visit www.charternex.com/pages/nasaballoonprogram.php.
Whitehall Specialties, Inc. announced their new look and updated identity in a recent issue of Cheese Market News. The new identity for the Whitehall brand includes a new logo, tagline, website, and various marketing communication tools.
“We’ve refreshed our look to bring more energy to the Whitehall brand and, in turn, more excitement to our employees and customers,” said Michael Baroni, President and CEO of Whitehall Specialties. “We believe these changes better reflect the way we do business and the commitment we have to help our customers achieve their goals.” To learn more about Whitehall Specialties, Inc., please visit www.whitehall-specialties.com.