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Gerresheimer is a German packaging company headquartered in Düsseldorf, Germany. It is a leading manufacturer of speciality products made of glass and plastic for the pharmaceutical and life science industry.
Until 2000, the company was 51% owned by Viag AG. Gerresheimer was acquired that year by Invescorp and the private equity unit of Chase Manhattan Bank, which worked with management to shift the company away from commoditized products such as beverage bottles to more specialized packaging. In 2004, Blackstone Group bought the company and continued the shift in product mix. After a series of acquisitions expanded the business, Blackstone took the company public in Frankfurt in 2007. It was the largest IPO to that point that year.
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