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Gerresheimer completed the sale of U.S. subsidiary Centor to an affiliate of Apax Partners for about 750 million euros. Proceeds will be used to lower debt.
Gerresheimer agreed to sell Centor US Holding and its global Primary Packaging Plastics business, with 15 plants in nine countries plus Centor's US site, to Apax Funds at an enterprise value of about EUR 1.5 billion. Closings are expected by the end of FY2026 for Centor and in H1 FY2027 for the plastics business.
Gerresheimer has broken ground on a new 4,000 m² production hall at its Wertheim site in Germany for ready-to-fill vials on the EZ-fill Smart platform, with a total investment of about EUR 30 million. Production is expected by mid-2027 and the expansion should create around 50 jobs.
Gerresheimer has commissioned a new plastic container and closure plant and a new glass melting furnace at its Kosamba site in India, adding production capacity for pharmaceutical primary packaging.
Gerresheimer is expanding inhaler production at its plant in the Czech Republic as part of its 2020 capital expenditure program.
Gerresheimer is building a new plant in North Macedonia to produce medical plastic systems and syringes, as part of its 2020 capital expenditure program.
Gerresheimer opened two new production lines at its Essen site after upgrading the clear-glass furnace, linked to an expanded cleanroom, making the site a Center of Excellence for type II pharmaceutical glass.
Gerresheimer officially opened a new plant in Kosamba, India, on December 16, 2019, to manufacture plastic primary packaging for pharmaceutical products.
Gerresheimer officially opened a new plant in Changzhou, China, producing plastic primary packaging for pharmaceuticals. The facility operates in clean rooms of class 9 and 7 and has FDA registration for US-type containers.
Gerresheimer completed renovation of its clear-glass furnace in Essen, adding new capacity for injection and infusion bottles and securing about 400 jobs at the plant.
Gerresheimer will manufacture its Duma and Triveni plastic pharmaceutical containers at a new plant in Changzhou, China, with production starting in the second half of 2019.
In July 2017, Corning and Gerresheimer, a Dusseldorf, Germany-based contract packaging company, partnered to supply Valor Glass to the pharmaceutical industry. The two companies have worked together in pharmaceutical glass packaging since 2015.
