Nypro, a healthcare & packaging division of Jabil, has acquired Spanish food and consumer packaging supplier Plasticos Castella for an undisclosed amount.
The addition of Plasticos' design, engineering and manufacturing facilities in Spain and Hungary to Nypro's existing plants in North America will expand latter's smart packaging capabilities.
With this acquisition, Nypro expands its presence in Europe and gains customer base in the food and beverage sector.
Plasticos' customers will secure access to Nypro's geographic reach and Jabil's supply chain and design and development capabilities.
Nypro Packaging president Paul Kayser said: "Smart Packaging goes beyond product differentiation to enable brand owners to achieve Brand Brilliance.
"This fast-emerging field promises to revolutionize the industry by opening new options to create packaging that is not only more practical and consumable, but also more sensory compelling, connected and intelligent.
"In addition to enhancing the customer experience, Smart Packaging will also help increase revenue and improve ROI for our customers."
With strong in-mold labeling capabilities, Plasticos Castella offers plastic lids for condiments, as well as packaging design, 3D modeling and mass production solutions.
In 2013, Jabil Circuit completed the acquisition of plastic products producer Nypro for $665m.
Nypro offers mold labeling, barrier technologies, contract assembly services and co-packing services to the consumer products, food and beverage and consumer health markets.
