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Genstar-owned Pretium Packaging buys Starplex Scientific

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Pretium Packaging LLC has acquired Starplex Scientific Inc, a Toronto-based maker of plastic containers and closures for the food, specialty beverage, household and industrial, sports nutrition, healthcare and beauty care industries. Terms weren't released for the deal, which will see Starplex retain its existing brand. The seller was Apotex Corp, a Canadian pharmaceutical company. Pretium, a Chesterfield, Missouri-based maker of rigid plastic containers and closures, said the acquisition will support its growth objectives in the medical and consumer healthcare sectors. Starplex is Pretium's seventh add-on deal since the company was acquired in 2014 by U.S. mid-market private equity firm Genstar Capital.

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