Accuristix Acquires Nova Pack Limited
OAKVILLE, ON, January 28, 2011 - Accuristix is proud to announce the acquisition of Nova Pack Ltd., a contract packaging (co-pack ), re-packaging and assembly provider specializing in over-the-counter (OTC), health and beauty (HABA) , healthcare and pharmaceutical product handling. Combined with the current Accuristix customized healthcare logistics solutions, the acquisition enables enhanced outsourced co-pack capabilities and allows both companies to offer a broader scope of services to the Canadian healthcare marketplace.
Accuristix and Nova Pack are both focused on building solutions exclusively for the healthcare market. Quality conscious manufacturers in the healthcare/HABA fields will benefit from a consistent and effective co-pack service offering anywhere in Canada as a result of integrating the Accuristix footprint of Health Canada/GMP facilities across Canada with Nova Pack’s expertise, technology, web visibility and consistent, audited QA / GMP processes.
“We can now add Point of Purchase display design, manufacture, and “build” to our existing co-packing services, incorporating a high degree of control through Nova’s web-based enterprise performance management system which manages all aspects of a project from quote to invoice,” says Cameron Joyce, President of Accuristix.
Prior to the acquisition, Nova Pack was a member company of the Hughes Group, an association of complementary sister-companies including, Hughes Containers Ltd., Decorr Display & Design and Design Plastics International.
“This is the start of a strong, fully integrated partnership that will offer our healthcare clients enhanced logistics and services to support distribution and marketing efforts to their customers,” says James Houghton, President of Nova Pack Limited. “We also look forward to growing our relationship with the Hughes Group partners and continuing to incorporate their unique capabilities into our solutions.”
About Accuristix www.accuristix.com
Accuristix is a third party logistics company focused on providing advanced outsourced logistics and management services to manufacturers in the pharmaceutical, specialty pharmaceutical, biotech, medical device, consumer health products, health and beauty aids, natural health products and nutritional segments of the healthcare industry. Accuristix currently operates four distribution centres in the Toronto Area, others in Vancouver, and Los Angeles, with Calgary and Montreal facilities opening in early 2011.
About Nova Pack Limited www.novapk.com
Nova Pack is a third party contract packing ( co-pack), re-packaging and assembly supplier-partner supporting CPG, Healthcare, OTC, Pharma, Medical Device, HABA / Cosmetic and NHP companies. Nova Pack customers are typically quality conscious, world-leading multi-national organizations in their respective industries and demand only the best when it comes to the handling of their products. Nova Pack has a proud tradition of integrity in dealing with its customers, its employees, and its suppliers.
About Hughes Group www.hughes-decorr.com
The Hughes Group is a “One-stop-shop” POP/POS Solution provider, supporting CPG, OTC, Pharma, and other industries. Member companies include Hughes Containers Ltd., a corrugated-packaging converter (since 1962), Decorr Display & Design, a designer and manufacturer of semi-permanent point-of-purchase (POP) displays (since 1985), Design Plastics International, a designer and manufacturer of semi-permanent & permanent POP displays (since 1997) and (prior to the sale in this announcement), Nova Pack Ltd.