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Deal allows DWK to broaden its range of customizable packaging solutions for the life sciences industry.
July 11, 2023
By: Michael Barbella
Managing Editor
The DWK Life Sciences (DWK) – Assem-Pak | Aluseal union is now official. The two are now one, as DWK has completed the previously announced acquisition. Assem-Pak, which was founded 23 years ago and currently employs 110 people at its southern New Jersey facility, produces premium rubber stoppers and aluminum seals as well as premium services such as washing, cleaning, assembling, and kitting of primary packaging for the life sciences market. The acquisition allows DWK to broaden its range of customizable packaging solutions for the life sciences industry segment, enabling it to support customers at every critical step of their development process. Assem-Pak also strengthens DWK’s value proposition of providing bundled solutions, allowing organizations to consolidate and simplify their complex supply chains. “I’m excited that Assem-Pak has joined the DWK family to enhance our vision of being a leading packaging solutions provider. Assem-Pak’s combination of manufacturing expertise and service offerings is a great addition to our already extensive global production and service footprint. This acquisition will allow DWK to capitalize on increasing demand for custom solutions to meet the complex needs of the life sciences industry,” DWK Life Sciences CEO Armin Reiche said. DWK’s recent investments in its plants in Rockwood (U.S.) and Holzminden (Germany) have increased its manufacturing capability for glass vials across the United States and Europe. With the addition of Assem-Pak, DWK continues its expansion plan to further strengthen its presence in the life sciences packaging solutions market. “The combination of Assem-Pak’s manufacturing capabilities in rubber stoppers and aluminum seals combined with DWK’s global market access makes this a perfect fit for both companies,” DWK Life Sciences LLC (North America) CEO Jeff Schempp added. “We’re happy to have a great team join the DWK Group to help us achieve our objectives for years to come.” DWK Life Sciences is a global manufacturer and provider of precision labware as well as primary packaging solutions for the life sciences research, applied sciences and diagnostics, and pharmaceutical markets. With more than 35,000 products, the company’s offering includes a range of premium laboratory glassware together with a complementary portfolio of plastic products. They are manufactured at 12 global sites and marketed under the acclaimed brands DURAN, WHEATON, and KIMBLE. DWK Life Sciences is a portfolio company of One Equity Partners, a middle market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm seeks to build market-leading companies by identifying and executing transformative business combinations. Since 2001, the firm has completed more than 300 transactions worldwide. OEP, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago, Frankfurt, and Amsterdam.
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