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UK private equity firm Inflexion Private Equity Partners led a buyout of SteriPack, a provider of product life-cycle management and integrated packaging services. The deal is intended to fund global expansion and further acquisitions.
SteriPack Group received a $14.743 million contract from the US Department of Defense, with HHS coordination, to develop domestic production of its XpressCollect COVID-19 diagnostic collection device, targeting more than 22 million units per month.