Chesapeake Acquires US-based Cortegra

摘要

Chesapeake Pharmaceutical and Healthcare Packaging have reached an agreement to acquire Cortegra Croup, Inc., a U.S. producer of pharmaceutical leaflets and labels, from Menasha Corporation. Cortegra, which has two production facilities dedicated to the pharmaceutical and healthcare sector, perfectly complements Chesapeake's existing three U.S. facilities and further augments its extensive global supply network.Commenting on the acquisition, Mike Cheetham, Chesapeake's CEO, said, "Cortegra enjoys a coveted reputation as a high-quality supplier to the U.S. pharmaceutical market. It is an ideal partner to strengthen our service to customers and adds both size and scale to our U.S. operations. The acquisition extends our product range, customer base and ourgeographical reach. As well as presenting significant cross-selling opportunities, it reinforces our market position and demonstrates our commitment to the key markets we serve."