Cortegra, a division of Menasha Corporation focused on packaging and labeling for pharmaceutical and related industries, has purchased the assets of Capital Printing & Graphics of Fairfield, NJ, USA. Capital has provided packaging for the generic pharmaceutical and nutraceutical markets for more than 20 years.
“We are pleased to increase Cortegra’s market penetration in the generic and nutraceutical markets as well as provide additional capabilities to our customers through the purchase of Capital Printing’s assets,” says Cortegra President Victor L. Dixon. “Capital’s solid reputation in the industry makes it an excellent fit with Cortegra’s service oriented culture, history of product and service innovation and focus on quality.”
Cortegra was formed in March of this year by grouping New Jersey Packaging, also of Fairfield, Creative Press in Indiana and a new plant in North Carolina under the new name. The relocation of Capital Printing’s assets to Cortegra’s facility in Fairfield will provide enhanced printing capabilities as well as additional inspection and material handling competencies, Dixon adds. The equipment transition will be completed by January 2008.
Capital Printing’s founder and owner, Vijay Patel, says, “Cortegra is a well respected and growing packaging provider that can create additional value for customers through its larger product and service offerings as well as its focus on quality and service.” Terms of the transaction were not disclosed.