DUESSELDORF (dpa-AFX) - Gerresheimer AG (GRRMF.PK), a German maker of
packaging products for medication and drug delivery devices, said it signed an
agreement with funds advised by Triton to buy Blitz LuxCo Sarl, the holding
company of the Bormioli Pharma Group, for enterprise value of about 800 million
euros.

Gerresheimer noted that the purchase price will be financed by a bridge loan
from a banking syndicate consisting of UniCredit, Commerzbank and LBBW.

The acquisition is expected to be 50 to 100 basis points accretive to adjusted
EBITDA margin in the near term and more than 10% accretive to earnings per share
from the first year after closing.

Closing is expected in the fourth quarter of the 2024 financial year.Bormioli
Pharma manufactures pharmaceutical primary packaging made of glass and plastic,
as well as closure solutions, accessories and dosing systems.



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