Chesapeake Pharmaceutical and Healthcare Packaging has entered an agreement to acquire Cortegra Group, Inc. from Menasha Corp. Cortegra produces pharmaceutical leaflets and labels and has two production facilities dedicated to the pharmaceutical and healthcare sector. Cortegra employs 150 people at sites in Fairfield, NJ and Evansville, IN.

Mike Cheetham, Chesapeake’s chief executive officer, said, “Cortegra enjoys a coveted reputation as a high-quality supplier to the U.S. pharmaceutical market. It is an ideal partner to strengthen our service to customers and adds both size and scale to our U.S. operations. The acquisition extends our product range, customer base and our geographical reach. As well as presenting significant cross-selling opportunities, it reinforces our market position and demonstrates our commitment to the key markets we serve.”

Menasha Corp. president and chief executive officer Jim Kotek said, “Aligning Cortegra with Chesapeake will position Cortegra for future growth and investments in innovative technology that will be of great benefit first and foremost to its customers, as well as to the business and its employees.”