Keller-Crescent takes over Lehigh Press
Keller-Crescent, a supplier of printed pharmaceutical folding cartons, inserts and outserts, pharmac
Lehigh Press manufactures labels, inserts and outserts and other packaging components, mainly for the pharmaceutical and healthcare markets.
Bill Mitchell, CEO of Keller Crescent, said: "This is a great acquisition for us as the Lehigh Press specialisations in labels, inserts and outserts are a great fit with our existing Vega Alta operation in Puerto Rico, which has cartons as its core product. Combining these product offerings significantly expands our Puerto Rican customer service proposition.
"Integration of the two businesses, including the management, operations and sales functions, will be carried out to streamline our service delivery to our customers. The acquisition reinforces our existing healthcare strategy, which is to provide a full range of packaging solutions from top class and well placed facilities, in those markets which are key to our customers. We have ambitious expansion plans in Puerto Rico. Acquiring Lehigh Press will help fast track the realisation of these plans."
Joe Moynihan, CEO of Clondalkin Group North America, parent company of Keller Crescent, said: "Keller Crescent's addition of the Juncos facility strengthens our position as the leading supplier of secondary packaging products in North America and Puerto Rico. Our strength in pharmaceutical and healthcare secondary packaging is unrivaled. This acquisition complements our growth strategy; it is a clear signal of our commitment to our customers that we will service them in their local markets."
Keller-Crescent's product portfolio also includes several patented specialty products, including the latest in track-n-trace and e-pedigree technologies.