# Armira acquires PolyCine, maker of pharma packaging films, from founders

Munich-based industrial holding Armira acquired PolyCine GmbH, a supplier of non-PVC PP films and tubes for pharmaceutical IV and blood bags with headquarters in Schiffweiler, Germany. MP Corporate Finance advised the founders on the succession sale.

- Type: Acquisition
- Announced: 2016-12-19
- Where: Schiffweiler, Germany
- Status: completed
- Products: PP-based pharma films, parenteral IV therapy bags, blood component bags, pharma tubes
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Armira](https://endata.com/companies/603.md) (acquirer)
- [PolyCine](https://endata.com/companies/604.md) (target)
- [MP Corporate Finance](https://endata.com/companies/605.md) (partner)

## Sources

- [mp-corporatefinance.com](https://www.mp-corporatefinance.com/deals/polycine-gmbh-sold-to-armira/), 2016-12-19: "the leading supplier to the pharmaceutical industry of non-PVC films for intravenous therapy bags to German industrial holding group Armira."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.