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Acquisition will include full suite of mounting card solutions and 25,000 square feet of cleanroom manufacturing
February 1, 2019
By: Tim Wright
Editor-in-Chief, Contract Pharma
Oliver Healthcare Packaging, a supplier of sterile barrier flexible packaging to the global healthcare market, has acquired CleanCut Technologies, a medical packaging provider based in Anaheim, CA. As a part of this agreement, Oliver will acquire: • A full packaging product portfolio including patented clipless dispensers for catheters and guidewires, mounting cards, pouches, lids, cartons and shippers; • Design and prototyping, 3D printing, tube flaring, pad printing and contract packaging; and • A California-based facility with approximately 70,000 square feet of space including ISO class 7 & class 8 cleanroom manufacturing, warehousing and office space. CleanCut is FDA registered and ISO 13485 certified. The acquisition was finalized on January 24, 2019. “We are thrilled to extend a warm welcome to the entire CleanCut team,” said Mike Benevento, president and chief executive officer, Oliver Healthcare Packaging. “Both Oliver and CleanCut are exclusively focused on medical packaging, an important point of differentiation in the packaging industry, and one our customers truly appreciate. With an impressive product portfolio, their West coast location and an exceptional design team, this partnership will deliver the technical expertise, customer service and speed-to-market our customers need to succeed.” Tim Bell, president, CleanCut Technologies, said, “Oliver and CleanCut Technologies—it’s a partnership we are all extremely proud to be a part of. There is great collaboration between our two companies, and we see this as an important part of our collective evolution as a leading provider of sterile barrier packaging to the global healthcare industry. We look forward to working together to provide the exceptional service and support our customers need to achieve their goals.”
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