Copapharm Europe alliance dissolved

- 15-year-old pharma packaging alliance terminated mutual activities on December 31, 2012

 

- Decision reflects tough economic market conditions

 

The acting shareholders of the 15-year-old pharmaceutical packaging alliance Copapharm Europe have decided to terminate its mutual activities as of December 31, 2012.

 

It will be dissolved on January 31.

 

A statement from Copapharm explained that the members no longer see value in operating in the pharmaceutical market as an alliance, reflecting tough economic market conditions. 

 

Copapharm Europe member companies included: Medica Packaging in the UK, part of Benson Group; Germany’s August Faller; Zannini Ireland; PalladioZannini and Zannini East, of Italy and Serbia respectively; and Spain’s Cartonplex and Cartonajes Pans.

 

Previous member companies will continue to operate independently.

 

Read more about pharmaceutical packaging here

Read more news from across Europe here