Amcor has entered into an agreement to acquire Shanghai-based MDK. MDK generates annual sales of approximately US$50 million and is a leading provider of medical device packaging, a key priority growth segment for Amcor.

Amcor stated that 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.

Amcor expands its healthcare platform in Asia Pacific with acquisition of MDK.

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

“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,” said Amcor CEO Ron Delia. “MDK’s talented team brings strong capabilities and a complementary product and customer portfolio.”

Furthermore, the acquisition of MDK follows the recent opening of Amcor’s new world-class Asia Pacific Innovation Center in Jiangyin, China, and the introduction last year of a state-of-the-art dedicated healthcare packaging facility in Singapore.