Jabil Circuit has announced the completion of its $665 million acquisition of contract plastics manufacturer Nypro, which makes dry powder inhalers and nasal spray pumps for pharmaceutical companies among other products. According to Jabil, it will keep the Nypro name and will absorb approximately 10,000 Nypro employees. Nypro will keep its headquarters in Clinton, Massachusetts
Jabil’s Senior VP Courtney Ryan commented, “This is an exciting time for both companies and we look forward to collectively serving customers with a broad array of service offerings in the healthcare and plastic packaging marketplaces under the Nypro name. We are pleased to finalize this transaction and look forward to integrating the Nypro business and customers with Jabil’s current Healthcare & Instrumentation business.”
Read the Jabil Circuit press release.
