Glass and plastic packaging manufacturer Bormioli Pharma has acquired the Germany-based company Remy & Geiser.
The deal is part of the company’s growth plan created in December 2017, following Remy & Geiser’s acquisition by Triton Investment Fund.
Bormioli Pharma CEO Andrea Lodetti said: “This acquisition is part of a wider development plan aimed to make of Bormioli Pharma a truly global and innovative player.
“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.”
Remy & Geiser owner Friedrich Hillebrand said: “We are proud to become a part of a solid and international group like Bormioli Pharma. 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 honoured to join the group as a member of the board of directors.”
Remy & Geiser offers plastic and glass primary packaging solutions, including closure, dosing systems, pipette droppers and tubular glass vials for the pharmaceutical industry.
The company operates two manufacturing facilities in Schleusingen and Altenfeld, Germany, with approximately 270 employees.
Bormioli Pharma is an independent firm that operates two separate business divisions, including glass tableware and pharma packaging.