Nypro Moves into Smart Packaging, Extending Reach into Europe and Food & Beverage Markets

Posted September 28, 2015

Acquisition of Plasticos Castella Underscores Commitment to Support Smart Packaging Initiatives of Leading Brands

LAS VEGAS, Nev. - September 28, 2015 - Jabil's Healthcare & Packaging division, Nypro, today unveiled a strong push into the smart packaging arena with the acquisition of Plasticos Castella. Nypro specializes in design, production, tooling, and distribution for the healthcare and packaging industries. Nypro Smart Packaging enables customers to address brand challenges and explore new opportunities to refresh their brand packaging.

Nypro's acquisition of Plasticos Castella expands these smart packaging capabilities by combining state-of-the-art design, engineering, and manufacturing facilities in Spain and Hungary with the services of Nypro's six North American plants. The acquisition enables Nypro Packaging to extend its footprint across Europe and also brings deeper capabilities and customers in the food and beverage sector. Founded in 1974, the Spanish firm has strong InMold Labeling capabilities and has built a reputation as a premier molder of high-volume, thin-wall and technical plastic containers and packaging for dozens of the world's leading food and beverage brands.

"Smart Packaging goes beyond product differentiation to enable brand owners to achieve Brand Brilliance," said Paul Kayser, president of Nypro Packaging. "This fast-emerging field promises to revolutionize the industry by opening new options to create packaging that is not only more practical and consumable, but also more sensory compelling, connected and intelligent. In addition to enhancing the customer experience, Smart Packaging will also help increase revenue and improve ROI for our customers."

Plasticos Castella CEO Emilio Castella said, "Our customers will have the unprecedented opportunity to take advantage of Nypro's geographic reach and Jabil's world-class supply chain and design and development capabilities. The combination provides a strong growth platform of global resources, reputation, and investment that will bear fruit for our team and customers alike."

Nestle has been working with Plasticos Castella for years and views them as a highly valuable packaging partner. "We are delighted that our opportunities for growth with Plasticos are further expanded through the recent Nypro acquisition," said Richard Pinkerton Strategic Buyer - Rigid & Flexible Packaging Business Partner & Value Stream Project Lead, Nescafé Dolce Gusto in Zone Europe, Middle East and North Africa. "Nypro's global footprint and Smart Packaging expertise will make for an even more powerful partnership in the years to come," he said.

Packaging industry analysts agree that Nypro is poised to take a definitive Smart Packaging lead. "There are several major trends driving growth in markets from CPG to Consumer Health including convenience, self-serve, sustainability, health and safety and shelf life consistency," said Chris Wilder, analyst, Moor Insights & Strategy. "Nypro is well-positioned to support the Smart Packaging conversations that draft off of these trends to bring about powerful new packaging innovations - and that drives an unbeatable combination of both customer value and revenue."

For further information on how Nypro can help drive the next generation of packaging solutions, Nypro has commissioned the development of a third-party white paper. You can download this white paper by visiting Moor Insights & Strategy.

Nypro will be highlighting Smart Packaging technologies at Pack Expo in booth #S-6284, from September 28-30, in Las Vegas.

About Plasticos Castella

Founded in 1974 by the Castella family as a molder of plastic lids for condiments, Plasticos Castella (www.plasticoscastella.com) has been relied upon by many of Europe's leading food and consumer brands for a wide array of packaging design, 3D modeling and mass production solutions. The company is headquartered in Tortosa, Spain, and has an additional facility in Nagyigmánd, Hungary. For more information, visit: www.PlasticosCastella.com.

About Nypro Packaging

Nypro Packaging was formed in 2005 to deliver brand-specific packaging to its customers. Leveraging Nypro's global footprint and over 50 years of history in the injection molding industry, Nypro Packaging provides disruptive and differentiated injection molded solutions. Utilizing mold labeling, barrier technologies, contract assembly services and co-packing services Nypro Packaging delivers custom solutions to the Consumer Products, Food and Beverage and Consumer Health markets. For more information, visit: www.nypro.com

About Jabil

Jabil is an electronic product solutions company providing comprehensive electronics design and manufacturing product management services to global electronics and technology companies. Offering complete product supply chain management from facilities in 25 countries, Jabil provides comprehensive, individualized-focused solutions to customers in a broad range of industries. Jabil common stock is traded on the New York Stock Exchange under the symbol, "JBL". Further information is available on Jabil's website. Jabil acquired Nypro in 2013.

Jabil Media Contact

Beth A. Walters
Senior Vice President
Communications & Investor Relations
Tel: 813-835-7400
Email: beth_walters@jabil.com

Agency Media Contact

Aaron Wood
Account Executive
AH&M Marketing Communications
Tel: 413-448-2260, Ext. 470
Email: awood@ahminc.com