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PCI Pharma Services signed an exclusive collaboration with CSP Technologies for U.S. clinical trials and stability testing using Activ-Blister moisture and gas-scavenging packaging. The packaging aims to speed time to market for pharmaceutical and medical device products.
Wendel granted Aptar Group exclusivity to finalize the sale of CSP Technologies, a specialty protective packaging maker, at an enterprise value of $555 million, about 13 times adjusted EBITDA. Closing is expected in Q4 2018.
AptarGroup announced a binding offer to acquire CSP Technologies Parent S.A., a leader in active packaging technology, for an enterprise value of $555 million, alongside its second quarter 2018 results.