OCMI has completed the acquisition of Spanish ampoule machine maker KYP Accesorios.

The acquisition, completed in November, marks a milestone in both companies' growth strategy.

By joining forces OCMI OTG and KYP wish to deliver to their customers a wider range of products, a better service and a constant investment in R&D.

Michele Gusti, Chairman of OCMI, said: "This acquisition expands OCMI OTG's portfolio of successful businesses and mark another OCMI investment in the pharma packaging field.

"KYP is an excellent company with a remarkable story of innovation and dedication to the customers."

"Through this operation OCMI OTG reinforces and consolidates its market share in the ampoule making machines sector, widen its current range of products and increase its production capacity adding a great team strengthens its manufacturing footprint adding more technological capabilities".

Mr. Raul Paz, KYP Accesorios's owner, said: "With this deal KYP adds another step on its path to continuous growth and innovation and broadens its future horizons.

"It is a project I strongly believe in, and I am honoured to join OCMI’s global management team"