Foursan Group has acquired a 49% stake in Baida Pack, a leading pharmaceutical packaging manufacturer, through its third fund to enhance growth in the MENA pharmaceutical packaging sector.

Information on the Target

Baida Pack is a prominent designer and manufacturer specializing in primary and secondary pharmaceutical packaging solutions, including printed aluminum foils, folding cartons, and patient information leaflets. The company caters to a diverse clientele of leading local, regional, and international pharmaceutical firms, showcasing its extensive industry expertise and commitment to quality.

Additionally, Baida Pack prioritizes sustainability and security in its product offerings. They implement advanced features such as braille language printing and anti-forgery printing, ensuring compliance with modern ethical standards and enhancing product safety for consumers.

Industry Overview in the Target’s Specific Country

The pharmaceutical packaging industry in the MENA region has demonstrated significant growth, driven by the increasing demand for innovative packaging solutions that meet