Latest news with #MathewBoyd
Yahoo
21-04-2025
- Business
- Yahoo
RND Automation expands capabilities with acquisition of QuickPouch
CAS Holdings subsidiary RND Automation has acquired the intellectual property and assets of QuickPouch to strengthen its position in the packaging sector. QuickPouch, based in Ronkonkoma, New York, previously known as Adaptive Manufacturing Technologies, primarily catered to the medical sector, producing hundreds of pouches monthly. However, the company encountered difficulties, leading to a Chapter 7 bankruptcy filing in August 2024, resulting in the dissolution and subsequent sale of its assets. RND Automation took advantage of this situation by acquiring QuickPouch's intellectual property in February this year. Currently, more than 300 QuickPouch systems are in operation globally, packaging a variety of products such as healthcare items, medical devices, IVD test kits and surgical instruments. The products also include cosmetics, pharmaceuticals, food products, and both consumer and industrial goods. CAS president and CRO Patrick McDermott said: 'Acquiring QuickPouch's assets and intellectual property is a tremendous advantage for both RND Automation and CAS Holdings. 'This strategic move fortifies our packaging portfolio and strengthens our position in the market for pouch-based packaging machinery. It empowers us to deliver more comprehensive packaging solutions our customers have been asking for.' The acquisition will enable RND to enhance the QuickPouch product line and integrate it with their existing packaging solutions, which include the MiniPack, MicroPack, and Kanga Poucher. To assist QuickPouch customers, Mathew Boyd, RND's Services and Spare Parts supervisor, will focus on providing service support to QuickPouch clients, ensuring they receive timely and effective solutions to any challenges they may face. RND executive managing director Aaron Laine said: 'This acquisition not only expands our product offerings but also aligns with RND's commitment to providing superior packaging solutions.' "RND Automation expands capabilities with acquisition of QuickPouch" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
21-04-2025
- Business
- Yahoo
RND Automation expands capabilities with acquisition of QuickPouch
CAS Holdings subsidiary RND Automation has acquired the intellectual property and assets of QuickPouch to strengthen its position in the packaging sector. QuickPouch, based in Ronkonkoma, New York, previously known as Adaptive Manufacturing Technologies, primarily catered to the medical sector, producing hundreds of pouches monthly. However, the company encountered difficulties, leading to a Chapter 7 bankruptcy filing in August 2024, resulting in the dissolution and subsequent sale of its assets. RND Automation took advantage of this situation by acquiring QuickPouch's intellectual property in February this year. Currently, more than 300 QuickPouch systems are in operation globally, packaging a variety of products such as healthcare items, medical devices, IVD test kits and surgical instruments. The products also include cosmetics, pharmaceuticals, food products, and both consumer and industrial goods. CAS president and CRO Patrick McDermott said: 'Acquiring QuickPouch's assets and intellectual property is a tremendous advantage for both RND Automation and CAS Holdings. 'This strategic move fortifies our packaging portfolio and strengthens our position in the market for pouch-based packaging machinery. It empowers us to deliver more comprehensive packaging solutions our customers have been asking for.' The acquisition will enable RND to enhance the QuickPouch product line and integrate it with their existing packaging solutions, which include the MiniPack, MicroPack, and Kanga Poucher. To assist QuickPouch customers, Mathew Boyd, RND's Services and Spare Parts supervisor, will focus on providing service support to QuickPouch clients, ensuring they receive timely and effective solutions to any challenges they may face. RND executive managing director Aaron Laine said: 'This acquisition not only expands our product offerings but also aligns with RND's commitment to providing superior packaging solutions.' "RND Automation expands capabilities with acquisition of QuickPouch" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
