VOORHEES, New Jersey, December 28, 2021 / PRNewswire / – Comar, a leading provider of custom medical devices and assemblies and specialty packaging solutions, today announced the acquisition of Omega Packaging, a manufacturer of injection molded products and by blow molding serving the pharmaceutical, nutraceutical, sports nutrition and skin care markets. Omega Packaging’s Child Resistant (CR) line of closures and precision mold manufacturing capabilities advance Comar’s strategy to serve healthcare customers with end-to-end custom manufacturing capabilities. end and an expanded product portfolio. Financial terms of the transaction were not disclosed. The deal is backed by Morgan Stanley Capital Partners. Financing for the transaction was led by Golub Capital Credit Opportunities with participation from Brightwood Capital and Everberg Capital.

Omega Packaging, in business for almost a decade, is a manufacturer of premium quality plastic caps and jars. Omega operates primarily in a Safe Quality Food (SQF) certified facility in La Mirada, California and ships products to a variety of global customers. Omega produces a wide range of packaging products including CR and Continuous Thread (CT) closures and single, thick and double wall jars.

The combination of Omega Packaging and Comar enhances Comar’s customer value proposition by adding complementary closure and jar products and related precision mold manufacturing expertise. The acquisition enables Comar to provide its customers with a larger rigid packaging portfolio, increased capacity for CT and CR closures and an optimized production network. The combined company will have eleven manufacturing plants and more than 1,100 employees across the United States.

“Combining Omega Packaging’s successful product portfolio with Comar’s geographically diverse network will allow us to serve our customers in the healthcare, personal care and food and beverage markets in new and exciting ways.” , said Scott conklin, executive vice president of sales and marketing for Comar. “We admire Omega’s innovative and entrepreneurial spirit and look forward to working together.”

Mike ruggieri, CEO of Comar added: “We are delighted to welcome the Omega team to the Comar family. Omega Packaging has a distinct reputation for customer responsiveness and creative problem solving that aligns exceptionally well with Comar’s mission to bring transformative packaging and medical solutions to market. We look forward to a successful partnership and the continuation of our progress journey. “

About Comar

Comar, headquartered at Voorhees, New Jersey, USA has nine strategic manufacturing and distribution sites and employs a multitude of plastic molding technologies, including injection molding, injection blow molding, injection stretch blow molding and extrusion blow molding, which are complemented by a full range of value-added service offers. For more than 70 years, Comar has partnered with its customers to launch high impact medical packaging and solutions, turning them from concept to reality, where they can have a positive impact on the world around us. Comar is majority owned by Morgan Stanley Capital Partners. For more information visit comar.com.

About Omega packaging

Founded in 2012 and based in La Mirada, California, Omega Packaging is a manufacturer of plastic jars and caps, specializing in the molding of continuous thread and child resistant closures and single and double wall jars. By using fully electric high speed injection and blow molding machines, coupled with high cavitation, fast cycle molds, Omega aims to produce the best plastic packaging possible for its customers. For more information visit omegapkg.com.

About Morgan Stanley Capital Partners

Morgan Stanley Capital Partners, part of Morgan Stanley Investment Management, is a leading mid-market private equity firm that has invested capital in a wide range of industries for more than two decades, with a primary focus on investing in North American-based companies.

About Golub Capital’s credit opportunities

Golub Capital is an award-winning direct lender and market-leading credit asset manager, with over $ 40 billion in capital under management. Golub Capital Credit Opportunities Group has a flexible mandate to provide creative and personalized financing solutions across the capital structure. In all of its activities, Golub Capital maintains long-term win-win partnerships that inspire repeat business from sponsors and private equity investors. Founded over 25 years ago, Golub Capital now has more than 590 employees and loan offices at Chicago, New York, San Francisco and London. For more information, please visit golubcapital.com.

About Brightwood Capital

Brightwood Capital is a private equity firm specializing in providing growth capital to US-based small and medium-sized businesses in five key industries: technology and telecommunications, healthcare, business services, transportation and logistics, and franchising. Brightwood’s team of over 45 employees manages approximately $ 4 billion in capital (or in assets) on behalf of its investor base.

About Everberg Capital

Everberg Capital is a structured capital fund focused on investing primarily in the US mid-market. The firm partners with both seasoned founders / family entrepreneurs and innovative financial sponsors to provide tailor-made private capital solutions, operational support and capital markets expertise. Company capital is used not only to finance growth and acquisitions, but also to stabilize companies and ease heavy capital structures. For more information, please visit https://www.everbergcapital.com/.

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SOURCE Comar