Jabil will buy Nypro to boost medical presence

February 4th, 2013 by admin | Permalink

Jabil Circuit Inc. (JBL), a contract manufacturer best known for its work in the electronics field, is making a major move in plastics and the medical field with the acquisition of Nypro Inc. for $665 million. Jabil (St. Petersburg, FL) announced the deal this morning. It is expected to be completed by the end of May. Revenues at Nypro, whose growth mushroomed under the leadership of Gordon Lankton, exceed $1 billion annually, Jabil said. Tagging Options Domain:  All Sites Keywords:  Nypro Jabil read more

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Jabil will buy Nypro to boost medical presence