US-based Pro Mach has acquired NJM Packaging, a provider of packaging machinery, for an undisclosed sum.
With the acquisition, Pro Mach aims to expand its presence in the pharmaceutical and contract packaging markets, as well as strengthen its abilities as an integrated solutions provider.
Established in 1915, NJM provides automated packaging and labelling solutions for various industries, including the pharmaceutical, biopharmaceutical, vitamin and food supplement sectors.
The company is one of five founding members of the association for packaging and processing technologies (PMMI).
Pro Mach president and CEO Mark Anderson said: "We anticipate continued strong growth in the pharmaceutical packaging machinery market and NJM is a well-established and highly respected brand that has been manufacturing proven solutions and providing experienced, high value customer support for over a century.
"NJM complements our strengths as an integrated solutions provider and helps us fill in gaps in our pharmaceutical product portfolio.
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By GlobalData"We will invest in NJM so they can continue providing industry-leading solutions and support to their customers."
Following the deal, NJM will continue to provide packaging solutions and maintain its distribution partnerships.
Pro Mach has nearly 30 equipment brands and provides integrated solutions for the global filling, primary and secondary packaging, and labelling and coding segments.
The company currently operates in North America, Mexico, and Europe.
Earlier this year, Pro Mach acquired shrink wrapping system manufacturer Stork-Texwrap and labelling and coding product provider EPI Labelers.