ProMach acquires Pharmaworks
ProMach, a worldwide leader in packaging machinery solutions, appear that it had acquired Pharmaworks, a leading provider of cicatrice packaging technology for the pharmaceutical, consumer goods, and contract packaging industries. The addition of Florida-based Pharmaworks significantly expands ProMach's portfolio of pharmaceutical solutions and strengthens its integrated solutions capabilities for a broad range of applications.
Pharmaworks, founded in 2001, offers a robust and flexible line up of thermo forming solutions for the creation of blister packs, a packaging format commonly used in over-the-counter (OTC) and prescription unit of measurement dose pharmaceutical and consumer goods packaging. Pharmaworks cicatrice packaging solutions range from semi-automated thermo formers to fully automated systems capable of speeds up to 600 packages in a minute. In addition to their core cicatrice packaging machinery, Pharmaworks also offers feeding, transferring, collating, cartoning, and vision or inspection systems, likewise as a comprehensive aftermarket support programme with parts, service, machinery rebuilds or upgrades, controls upgrades, tooling, accessories, and much more. Additionally, Pharmaworks offers complete blister line integration services for customers needing turnkey cicatrice packaging lines, complete with validation documentation.
"Nosotros're pleased to welcome the Pharmaworks team to ProMach," said Marking Anderson, president, and chief executive officeholder of ProMach. "The pharmaceutical manufacture has been a stiff growth engine for ProMach over the terminal five years, beginning with our acquisition of NJM in 2022 and continuing with the addition of WLS in 2022 and now Pharmaworks in 2020. The enquiry forecasts continued potent growth in the pharmaceutical sector over the adjacent few years, and blister packs are a fundamental part of that growth story driven past consumer convenience and rubber, particularly with regulations around serialization. I am excited to work with the outstanding senior leadership team at Pharmaworks as they continue developing new innovative solutions, expanding into new markets, and growing their already successful concern to even greater heights."
Odessa, Florida-based Pharmaworks, and its over 100 employees are joining the ProMach team. Current Pharmaworks president, Peter Buczynsky, volition join ProMach as vice president and general manager of Pharmaworks. He will be joined by Ingo Federle, vice president of Technical Operations, and Ben Brower, vice president of Sales & Marketing.
"ProMach is well regarded in the packaging machinery market place for many of the same things that take made Pharmaworks successful – quality, reliability, flexibility, innovation, and integrity," said Buczynsky. "Our passion to engineer solutions for pharmaceutical packaging remains at the heart of our business, and this deal lets us continue to expand our products, accelerate our stride of innovation, aggrandize our manufacturing operations, more quickly add talented squad members, and near importantly create additional value for Pharmaworks customers across the globe. We are looking frontwards to working with the entire ProMach team to continue this journey we embarked on nearly two decades ago."
"Many of our customers want a full range of pharmaceutical packaging options from a single source," said Michel Lapierre, president of ProMach'south Pharma Business Line. "With the addition of Pharmaworks, ProMach tin at present come across about any customer'southward needs – whether information technology's in rigid bottles or flexible blister packs, from solid dose tablets, capsules, and lozenges to liquid vials, ampoules, and pre-filled syringes – and help them abound their business with a proven partner."
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Source: https://packagingsouthasia.com/application/pharma/promach-acquires-pharmaworks/
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