Praxis Packaging

Praxis Packaging

Primary and secondary contract packaging services

Overview

Praxis Packaging provides contract packaging services for a range of health and consumer products, including pharmaceuticals, OTC drugs, medical devices, cosmetics, and other consumer goods. It handles both primary and secondary packaging, performing tasks such as assembly, labeling, and final packaging steps needed to prepare products for distribution. The company operates at scale, with nearly one million square feet of facilities, and has expanded its capabilities through strategic acquisitions, notably the 2025 purchase of Advanced Concept Innovations to enter the medical device packaging space in the Southeast United States. This combination of large-scale manufacturing space, specialized healthcare packaging capabilities, and targeted acquisitions helps Praxis stand out from competitors. Its goal is to continue scaling its operations, broaden its packaging capabilities, and strengthen its market position to become a leading player in the contract packaging industry.

Significant Headcount Growth

About Praxis Packaging

Simplify's Rating
Why Praxis Packaging is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Healthcare

Consumer Goods

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Grand Rapids, Michigan

Founded

1989

Get referred to Praxis Packaging

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • July 2026 Lakeland rebrand completed ACI integration, reducing operating fragmentation.
  • March 2026 DCAT Week presence shows active business development in pharmaceutical packaging.
  • The platform now spans nearly one million square feet, enabling larger multi-site contracts.

What critics are saying

  • March 2026 layoffs of 60 workers signaled reduced business at Byron Township.
  • Praxis still depends on BPOC-backed growth and customer concentration in regulated packaging.
  • If volume softness persists, fixed-cost plants and debt support pressure margins by 2027.

What makes Praxis Packaging unique

  • Praxis combines OTC, Rx, medical device, animal health, and beauty packaging under one platform.
  • September 2025 ACI acquisition added Lakeland, Florida and medical device packaging capabilities.
  • Praxis deployed Systech track-and-trace, strengthening DSCSA compliance and serialization depth.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Vacation

Paid Holidays

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

10%

1 year growth

10%

2 year growth

11%
Business Wire
Sep 26th, 2025
Praxis Packaging Solutions Expands with Acquisition of Advanced Concept Innovations, LLC

Praxis Packaging Solutions (“Praxis” or the “Company”), a provider of primary and secondary contract packaging solutions for pharmaceutical, animal health, m...

Life Science Connect
Sep 25th, 2025
Praxis Packaging Solutions Expands With Acquisition Of Advanced Concept Innovations, LLC

Praxis Packaging Solutions expands with acquisition of Advanced Concept Innovations, LLC.

European Pharmaceutical Manufacturer
Jul 17th, 2024
Praxis Packaging Solutions Selects Systech to Provide Track and Trace Platform

Praxis Packaging Solutions selects Systech to provide track and trace platform.

BPOC
Aug 19th, 2022
BPOC Makes Strategic Investment in Praxis Packaging Solutions | News | BPOC

BPOC is one of the top private equity management firms specializing in the healthcare industry

Recently Posted Jobs

Sign up to get curated job recommendations

Praxis Packaging is Hiring for 9 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →