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[SITUATION] · [ACTIVE]
2 clusters · 10 sources · 29 days · First seen · Last updated
Categories: BUSINESS
Gerresheimer restructuring and asset sales
Entities: Knorr‑Bremse AG · Primary Packaging Plastics division · Gerresheimer AG · Apax Partners LLP · Perella Weinberg
Overview
In late June 2026 Gerresheimer AG reported an audited 2025 loss, reduced its 2026 outlook and indicated a plan to sell its U.S. operations. By the end of July, the company announced definitive agreements to divest its U.S.-based subsidiary Centor and its global Primary Packaging Plastics business to investors advised by Apax Partners for an enterprise value of about €1.5 billion. The transactions cover 16 sites in nine countries, employ roughly 2,400 staff and generated around €570 million in revenue the previous year. Proceeds will be used to cut leverage, strengthen the balance sheet and refocus on high‑value drug‑delivery and medical‑device packaging. The Centor deal is expected to close by the end of the 2026 fiscal year, with the PPP business slated for the first half of 2027, completing the strategic review that followed accounting investigations and Gerresheimer’s removal from the SDAX index.
Timeline
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1 day ago
[BUSINESS] 10 sourcesGerresheimer sells two packaging units to Apax Partners for €1.5 bnGerresheimer AG will sell Centor and its Primary Packaging Plastics unit to Apax‑advised funds for about €1.5 bn, using proceeds to cut debt and refocus on core drug‑delivery products.
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about 1 month ago
[BUSINESS] 2 sourcesGerresheimer posts audited 2025 loss, cuts 2026 outlook and pushes US unit saleGerresheimer posted a €320 m 2025 loss, trimmed its 2026 outlook, expects negative free cash flow and is advancing the sale of its U.S. unit Centor while arranging refinancing.
Sources
aktienkurs-orderbuch.finanznachrichten.de · anlegerplus.de · backlinksseo.in · bikeindex.org · biotech-investments.com · finanzen.ch · finanzen.net · finanznachrichten.de · privateequitywire.co.uk · stocknews.com