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Gerresheimer draws interest from Phillips-Medisize and Bain, Bloomberg News reports
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Gerresheimer draws interest from Phillips-Medisize and Bain, Bloomberg News reports
Feb 19, 2025 10:36 AM

Feb 19 (Reuters) - German medical packaging maker

Gerresheimer has garnered interest from US medical

solutions company Phillips-Medisize and buyout firm Bain Capital

for parts or all of Gerresheimer, Bloomberg News reported on

Wednesday, citing sources.

Phillips-Medisize and Bain join a list of suitors for the

German firm which already includes KKR & Co ( KKR ), Warburg Pincus and

EQT AB, according to an earlier Bloomberg report.

Gerresheimer declined a Reuters request for comment, while

Phillips-Medisize and Bain did not immediately respond.

Earlier this month, the medical equipment group said it was

in early-stage discussions with private equity investors over a

potential sale of the company, adding that it would evaluate any

offers in the best interest of the company.

Activist investor Ricky Chad Sandler had bought a 5.43%

stake in Gerresheimer in October 2024. In late September, the

company cut its annual outlook for the second time in 2024,

sending its shares tumbling 18% in a single day.

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