Clariant sell healthcare packaging biz Arsenal’s affiliate

Clariant to sell healthcare packaging biz to Arsenal’s affiliate

7:22 AM, 22nd July 2019
Clariant logo

MUTTENZ, SWITZERLAND: Clariant has signed an agreement to sell its healthcare packaging business to a newly-formed affiliate of Arsenal Capital Partners.

The total consideration of the sale amounts to approximately CHF 308 million.

Clariant’s healthcare packaging business offers products used to protect pharmaceutical products from moisture and oxygen. This includes customizable, high-quality drop-in products (canisters and packets), Integrated Desiccant Systems and specially designed plastic bottles containing oxygen barrier materials.

The business has manufacturing facilities in the USA, France, China and India and employs around 600 employees.

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