Press Release
STERIMED ACQUIRES GREEN SAIL, THE LEADING CHINESE MEDICAL PACKAGING FILM MANUFACTURER
STERIMED is delighted to announce the acquisition of a majority stake in FUZHOU GREEN SAIL PACKAGING MATERIAL Co., the Chinese leader in medical packaging film manufacturing.
Partnering with Mr LIN Baiwen, founder and General Manager of Green Sail who will keep a significant stake in the company, will allow Sterimed to notably reinforce its industrial footprint in Asia and broaden its range of high-performance medical packaging materials for Medical Device Manufacturers.
Both companies share the same focus on quality and safety for MDM and patients in hospitals, with 100% healthcare dedicated sites and quality control policies.
STERIMED produces porous sterile barrier materials (Medical grade paper & Polybond) which it sells to MDM, healthcare packaging converting companies and hospitals worldwide, with more than 30% of its global turnover made in Asia.
GREEN SAIL produces various grades of sterile barrier medical films, mainly supplied to Chinese Medical Device Manufacturers supplying both domestic and export markets.
Product line for MDM will include:
- PA-PE & PP-PE film materials (XPA & XPP), as well as PET-PE grades, completing STERIMED European EthyForm formable film product line and North American EthyFlex non formable film product line,
- Ethypel & Polybond breathable web materials.
The closing of the transaction is subject to the approval of the relevant Chinese authorities and should occur within the next 3 months.
About STERIMED
The Sterimed Group is one of the world's leading suppliers of sterile devices packaging. Sterimed develops, produces, converts and markets various types of solutions such as bacterial barrier substrates and pre-formed sterilisation packaging for both hospitals and medical device manufacturers, in a market in strong structural growth. Including Green Sail and Mexico’s EEE recent acquisitions, Sterimed is now operating 8 industrial sites and 20 sales offices on all continents, thanks to more than 900 associates.
About GREEN SAIL
Fuzhou Green Sail Packaging Material Co. Ltd is a highly specialized manufacturer of medical plastic packaging film. It is located in Fuzhou Economic and Technological Development Zone, in the Fujian Province of China.
Production is 100% dedicated to the manufacturing of films for medical packaging, in compliance with EN ISO11607-1:2017 standards.
The company is a member of China Medical Device Industry Association, as well as a founding member of the China Medical Packaging Committee and a member of China Chamber of Commerce for Import & Export of Medicines and Health Products.
Greensail has developed a number of heat-sealable formable film grades which it sells to a vast number of Medical Device Manufacturing companies in China and on export markets. It is ISO9001:2005, ISO14001:2015 and OHSAS18001:2007 certified.
Press Contact :
Sterimed – Communication Dpt
Sophie MANIGLIER Tel : +(33) 1 77 37 35 28
communication@sterimed.fr
