Spanish pharmaceutical packaging specialist Artes Graficas Nekar has joined the Copapharm Europe pharma packaging and service alliance. Nekar has been acquired by Madrid based investment group GED and EBN through their investment vehicle Cardboard Printing Holdings, which also purchased current Copapharm Europe shareholder Icesa.
Nekar and Icesa, both Madrid based, will retain their existing trading names while developing their businesses strategically as a joint company. Together, they will increase Copapharm Europe’s strength in Spain significantly. Both companies have substantial market shares there in Copapharm Europe’s core pharmaceutical and healthcare printing packaging supply sector.
The other Copapharm Europe member in Spain is Pans, based in Barcelona.
Icesa and Nekar each have the capacity to produce more than 500M cartons/year. Both produce packaging for high added value markets including pharmaceutical and healthcare. Their combined pharmaceutical market share is estimated at almost 15 per cent.
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