German Packaging Firm Gerresheimer Is Said to Explore Sale
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Gerresheimer AG, the German maker of packaging for drugs and cosmetics, is exploring a potential sale amid interest from private equity funds, people with knowledge of the matter said.
Dusseldorf-based Gerresheimer is working with advisers to gauge interest from possible buyers, the people said, asking not to be identified because the information is private. Shares of Gerresheimer jumped as much as 15% in German trading on Friday, giving the company a market value of about €2.7 billion ($2.8 billion).
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