Pharma Packaging

As people become more health conscious and aware of the need to take preventive healthcare measures, the market for nutraceuticals – products that combine pharmaceutical-like properties with nutritional benefits – is growing rapidly. According to a recent report by MarketsandMarkets, the US nutraceutical packaging market is projected to reach $4.2 billion by 2028, up from $3.4 billion in 2023.

Gerresheimer Glas GmbH, an indirect subsidiary of Gerresheimer AG, has today signed a purchase agreement with funds advised by Triton ("Triton") for the acquisition of Blitz LuxCo Sarl, the holding company of the Bormioli Pharma Group ("Bormioli Pharma"). The purchase price is based on a determined enterprise value of around EUR 800 million, which corresponds to an adj. EBITDA multiple of around 10 Bormioli Pharma, has 9 production sites in Europe. The Group generates revenues of around EUR 370 million and an adj. EBITDA margin of around 21%.

PA Consulting, the company bringing ingenuity to life, and PulPac, the Swedish packaging solutions company behind Dry Molded Fiber, announce that Sanofi’s Consumer Healthcare (CHC) has joined the Blister Pack Collective. Sanofi CHC first announced that it joined PA and PulPac’s Bottle Collective back in April 2023.

Systech offers industry-leading rework and aggregation solutions and was the first to market with intuitive mobile rework capabilities. The integrated solution leverages PCE’s strengths in delivering robust, flexible hardware systems coupled with Systech’s industry-leading software. Its portable, compact design offers a turnkey solution designed to help optimize operations while ensuring product safety and regulatory compliance.

Benefits include: