Gerresheimer Sells Two Packaging Units To Apax In $1.7B Deal

Gerresheimer Sells Two Packaging Units To Apax In $1.7B Deal
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Gerresheimer Sells Two Packaging Units To Apax In $1.7B Deal

Gerresheimer has locked in a major $1.7 billion divestment, striking a deal to sell two packaging businesses to an affiliate of funds advised by Apax Partners. The move puts Centor and the company’s global Primary Packaging Plastics unit on a separate track, while also giving Gerresheimer a cleaner path to reshape its balance sheet and...