Navigation Links
2007 Another Record Year in Terms of Sales and Earnings for Gerresheimer
Date:2/4/2008

DÜSSELDORF, Germany, February 4 /PRNewswire-FirstCall/ --

- Sales up by 48% at EUR958 Million - EBITDA Margin Reaches High Level of 19%

- Another Acquisition in the Target Segment of Pharmaceutical Plastics in South America: Brazilian Market Leader for Pharma Plastic Taken Over

According to provisional figures, Gerresheimer AG has just completed another record year. In 2007 the company achieved sales of EUR957.7m, up by 48.1%; the adjusted Group EBITDA margin reached 19%. "This gratifying development completely and fully confirms our strategy," says Dr. Axel Herberg, Chief Executive Officer of Gerresheimer AG: "With the help of acquisitions we have successfully expanded our global presence and set the course for further growth."

Rapid expansion of operations in the South American pharma and life science market

Shortly after taking over EDP S.A. with production in Spain and South America, this international company based in Dusseldorf, Germany, now announces the acquisition of ALLPLAS Embalagens Ltda. (Sao Paulo), which is the market leader for pharmaceutical plastic packaging in Brazil. This marks the successful completion of another important step in the global expansion of the Gerresheimer Group.

For Gerresheimer's Plastic Systems Division, finalisation of the latest contract puts the cap on a dramatic move into South America. It was only at the end of December last year that Gerresheimer, as reported, acquired EDP, the Spanish market leader for pharmaceutical PET bottles, thereby also establishing a foothold in South America for the first time. With Allplas, which operates two production plants in Sao Paulo, Gerresheimer now already has three strategically important bases in the region.

The Brazilian company is a well-established supplier to the pharmaceutical industry, with innovative products and a reputation for high quality. Allplas manufactures high-calibre vials and application and closure systems for
'/>"/>

SOURCE Gerresheimer AG
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3

Related biology technology :

1. Dalton Medicinal Chemistry Partners Achieves Another Milestone in Collaboration with Boehringer Ingelheim (Canada) Ltd.
2. Signalife Receives Another $3.3 Million Sales Orders
3. China Bionanometer Industries Corporation Announces Record Second Quarter 2007 Results
4. CryoLife Announces Record Preservation Services and Product Revenues for 2007
5. Millennium Announces 2008 Goals for Growth, Building on Record 2007 Results
6. 2007 a "Record Year" for Successful Validation Studies of Simbionix Simulators
7. Millennium Ships and Records the First $200,000 of Revenue Generated From the Five-Year $20,000,000 Exclusive Purchase Order
8. Protalix BioTherapeutics Sets Record Date for Annual Meeting of Shareholders
9. Signalife Receives FDA Clearance for OTC Non-Prescription Event Recorder Device
10. The Female Health Company Reports Record Profit for Both Fourth Quarter and Fiscal Year 2007
11. KV Pharmaceutical Company Reports Record Revenues for Fiscal 2008 Second Quarter and Six Months on a Preliminary Basis

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/20/2009)... , SEATTLE, Nov. 20 ...nced that the U.S. Food and Drug Administration (F...any,s amended Biologics License Application (BLA) ...sponse. The FDA has assigned a Prescription Drug ... time it will respond to Dendreon,s amended BLA. ...
(Date:11/20/2009)... , STOCKHOLM, November 20 /PRNewswire/... the European Investment Fund (EIF) has entered in... co-investment fund will be,managed by Karolinska ...rtfolio of early-stage pharmaceutical and medical ...7 M Euros in the co-investment fund. The agreement...
(Date:11/20/2009)... METTLER TOLEDO recently anno...ns Process Optimization Using At-Line Particle Cha...r 2, 2009. In this webinar, the application of in... map the design space and optimize a series of rol...low rates, and roller compaction forces. , ...
(Date:11/19/2009)...Most people would like to be able to charge their ... and not too often. A recent discovery made by UC ...based supercapacitors that could do just this. ,...s Letters , Prabhakar Bandaru, a professor in the ...ering, along with graduate student Mark Hoefer, ha...
Breaking Biology Technology:Dendreon Receives FDA Acknowledgement of Complete Response 2Dendreon Receives FDA Acknowledgement of Complete Response 3Karolinska Development and EIF Start Landmark Co-Investment Fund for Life Science Innovation 2Karolinska Development and EIF Start Landmark Co-Investment Fund for Life Science Innovation 3Roller Compaction Process Optimization Using At-Line Particle Characterization 2Nanotube defects equal better energy and storage systems 2
... we talk all the time about Midwest technology wor...nstitutes one? , ,Could you qualify as a Midwest t...ales for a travel-industry CRM vendor? Yes, techni... our daily work lives nowadays that even your toot..." noise from the machine is finished. , ,So how ca...
...rv Imagesoft BROOKFIELD, Wis. Fiserv Imagesoft ...anagement firm Fiserv, announced on Thursday that ...suite of applications. The augmentations are geare...age replacement documents (IRDs), which are paper ...,The new features of ExchangeGuard include the abi...
...us fight between Apple Computers and Apple Records...nd. , ,On this side of the ring is Sir Paul McCart...and boyish looks with a cute smile. On the other s...ith his intellect and a legendary title for being ...er revolution. , ,The fight is all about the name ...
Other Biology Technology:You might work in a Midwest technology environment if... 2You might work in a Midwest technology environment if... 3Why you should never name your company after a fruit 2Why you should never name your company after a fruit 3
(Date:11/24/2009)...earch Institute (LRI) today named 12 new grant rec...n, recognize innovative work across a broad spectr...creativity, novelty, and potential to drive scient...ure the complex disease of systemic lupus. , The...researchers across the nation and include interdis...
(Date:11/24/2009)...e is opening new doors to understanding how sounds...ng of a marine mammal or if they hear it at all. ...scanners that NASA uses to detect flaws in the spa...lowing scientists to peek inside the giant head of...imensional replicas of a whale,s hearing anatomy u...
(Date:11/24/2009)...ve crystallised a protein that may help gut bacter... could be used by probiotic producers to identify ...eople. , "Probiotics need to interact with cells ... they attach to surfaces in the gut they are more ...activity," says Dr Nathalie Juge from the Institut...
Breaking Biology News(10 mins):Lupus Research Institute announces 2009 novel research grants 2Lupus Research Institute announces 2009 novel research grants 3Rocket science leads to new whale discovery 2A sticky solution for identifying effective probiotics 2Parascript Technology Wins Online Signature Verification Competition 9664 1Parascript Technology Wins Online Signature Verification Competition 9664 2eHealth interventions need to be continuously evaluated 55063 1eHealth interventions need to be continuously evaluated 55063 2Fecal DNA methylation detects gastric and colorectal cancers 55060 1Fecal DNA methylation detects gastric and colorectal cancers 55060 2
...VIV Did the great flood of Noahs generation reall... of Caesarea destroyed by an ancient tsunami" Will...a mystery" , These are just a few of the questio... marine research team from Tel Aviv University and...n, EcoOcean. , The team, headed by EcoOcean,s An...
..., MA Socioeconomic position is a determinant of a...al therapy for HIV-1 infection. The effect was fou...erence, according to a study published in the Augu...h. , The study was conducted by a team of researc...Massachusetts General Hospital, Stanford Universit...
...ugust German police discovered about 50 tons of ro...ia. Because the risk of rotten meat turning up in ...ted, the importance of efficient food quality moni... methods that enable large numbers of samples to b...be in place in order to make comprehensive monitor...
Other Biology News:TAU scientists probe 'deep' questions aboard EcoOcean's environmental research ship 2TAU scientists probe 'deep' questions aboard EcoOcean's environmental research ship 3Socioeconomic position associated with effectiveness of HIV drugs 2New method reveals substances on surfaces of any kind 2
DNA Polymerase I Large (Klenow) Fragment from New England Biolabs
T4 DNA Ligase (HC) from Invitrogen
Rat Anti-STENOTROPHOMONAS MALTOPHILIA Polyclonal Antibody, Unconjugated from AbD Serotec
...u Phoretix 2D, Expression and Evolution supports d...parative gel analysis studies in determining diffe...ponent Oracle data base plug in component (Oracl...s advanced statistical tool sets for gel and spots...
Biology Products: