Amcor acquires Chinese medical device packaging firm MDK

CHINA – Global packaging company, Amcor has announced the acquisition of Chinese medical device packaging firm MDK expanding its healthcare platform in the APAC region.

Based in Shanghai, MDK supplies paper-based packaging and coating capabilities for companies in China’s medical device sector.

The firm generates annual sales of approximately US$50 million and is a leading provider of medical device packaging, a key priority growth segment for Amcor.

MDK’s coating capabilities, medical paper-based packaging offerings and customer base complement Amcor’s existing portfolio, further enhancing its leading position in the Chinese medical device packaging market.

The addition of MDK also strengthens Amcor’s leadership in the broader Asia Pacific medical packaging segment, which now comprises four manufacturing sites serving China, India, Japan and Southeast Asian markets.

The deal is expected to close around March 2023 if it receives all customary regulatory approvals. The financial terms of the transaction have not been disclosed.

Ron Delia CEO of Amcor said: “As Amcor continues to sharpen its focus on higher growth priority segments, the addition of MDK will enhance our already strong healthcare platform in the Asia Pacific region.