Industry
Healthcare
Company Profile
Richards Packaging is a major North American manufacturer and distributor of containers for the food, pharmaceutical, health & beauty and industrial sectors and supplies devices, equipment and supplies to different areas of healthcare. Its companies work with hospital and community pharmacies, various healthcare providers and medical aesthetics clinics. Its combined expertise in automation, medication management, devices and equipment ensures Richards has a complete offering to all its customers. Clarion Medical Technologies is a leading Canadian provider of products and services to hospitals, aesthetic clinics, and private medical practices, ranging from laser technologies, diagnostic equipment, skincare, dermal fillers, intra-ocular lenses, and laser fibers.NewPoint’s Role
NewPoint advised Richards Packaging in its targeted acquisition search, as well as the valuation, due diligence, negotiation, and closing of this transaction.Transaction Snapshot
The Fund, through its subsidiaries Richards Health Group Pte. Ltd. and Richards Packaging Holdings US Inc., has acquired all of the outstanding shares and assets of the DermapenWorld Group of Companies ("DermapenWorld®"), an Australian based leading global provider of microneedling devices and dermatological cosmetics.Acquisitions
acquired
