Bormioli Pharma complets acquisition of the german company Remy & Geiser GmbH
Parma, 8th October 2019 – Bormioli Pharma S.p.A. announces today the successful completion of its acquisition of Remy & Geiser GmbH (“R&G”), a German company active in the business of plastic and glass primary packaging mainly used in the pharmaceutical industry.
The acquisition is a significant step on the growth path that Bormioli Pharma has undertaken since December 2017, when it became an independent company owned by Triton Investment Fund.
R&G develops, manufactures and sales closure, dosing systems, pipette droppers and tubular glass vials. R&G employs approximately 270 people and operates through 2 plants located in Germany (Schleusingen and Altenfeld).
“This acquisition is part of a wider development plan aimed to make of Bormioli Pharma a truly global and innovative player” – Andrea Lodetti, Bormioli Pharma’s CEO, affirmed – “Through this operation Bormioli Pharma reinforces its presence in the German and Northern European markets, expands its current offering with complementary products and strengthens its manufacturing footprint adding more technological capabilities”.
“We are proud to become a part of a solid and international group like Bormioli Pharma” Dr. Friedrich Hillebrand, Remy & Geiser’s owner commented. “With this step Remy & Geiser achieves further development potential and broadens its future horizons. It is a project I strongly believe in, and I am honored to join the Group as Member of the Board of Directors”.