Colorcon Acquires Airnov Healthcare Packaging from Arsenal Capital Partners
March 2, 2023
Colorcon, Inc. completed the acquisition of Airnov Healthcare Packaging from private equity firm Arsenal Capital Partners; financial terms were not disclosed. Airnov is a global manufacturer of desiccant and oxygen‑barrier packaging solutions serving pharmaceutical, nutraceutical and diagnostic customers, with ~700 employees and manufacturing sites in the United States, France, China and India. Colorcon said Airnov’s capabilities complement its existing portfolio and will enhance technical, customer and regulatory support for customers.
- Buyers
- Colorcon, Inc.
- Targets
- Airnov Healthcare Packaging
- Sellers
- Arsenal Capital Partners
- Industry
- Manufacturing
- Location
- France
- Transaction Type
- Buyout
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