Sep 4 2010
PrePak Holdings Inc. announced it has successfully acquired TestPak, a health care supply chain company in Whippany, N.J.
PrePak Holdings, a group of companies focused on contract manufacturing and packaging, completed the transaction on Aug. 31. TestPak is a contract packaging company and health care supply chain solution provider focused on pharmaceuticals.
TestPak, founded in 1983, offers a wide range of contract packaging, development and logistics services to clients in the pharmaceutical, nutritional and consumer products industries. TestPak is FDA registered, cGMP compliant and a DEA-licensed facility. TestPak specializes in solid-dose packaging into several different configurations and has been an industry leader in thermoform blister packaging for over 20 years.
The purchase of TestPak is the first operation for PrePak in the New Jersey area. TestPak’s three-site campus has nearly 90,000 square feet of production and warehouse space, including 26 climate-controlled packaging suites.
“The acquisition of TestPak opens up significant new market opportunities for PrePak,” said Renard Jackson, newly appointed CEO of PrePak. “We are excited about the TestPak group joining the PrePak family of companies. The TestPak facilities will not only create redundancy and backup services with our customer base, but also bring new innovations and capabilities to the whole organization.”
PrePak Holdings, based in Cookeville, Tenn., with four other locations in the United States, is a fast-growing contract manufacturing and packaging group with a history of quality, customer focus, innovation and outstanding talent.