Phillips Plastics to Acquire Finnish-based Medisize

In The News
July 8, 2011
Ropes & Gray is representing Phillips Plastics Corporation and its parent company, private equity firm Kohlberg & Company, in negotiation of a definitive purchase and sale agreement to acquire Medisize Oy, a Finnish-based provider of outsourced design and manufacturing services to pharmaceutical, diagnostic and medical device companies.

With combined revenues of just under $500 million, the company will become one of the medical industry’s largest and most complete global providers of outsourced medical design and manufacturing services.

The Ropes & Gray team included Boston-based partner Will Shields, Boston-based partner Eric Elfman and associate Aaron Harsh, Boston-based partner Peter Alpert (environmental), New York-based partner David Djaha (real estate), New York-based associate Scott Ollivierre (IP), Washington, D.C.-based partner Greg Levine (FDA), Boston-based associate Chris Powell (employment), and Boston-based partner Loretta Richard and associate Jenny Rikoski (benefits).