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Private equityCapital & Financial MarketsPortfolio & Strategy 1 Oct 2026

Gerresheimer completes Centor sale to Apax funds, half of EUR 1.5bn disposal package

Gerresheimer completed the sale of its US closures subsidiary Centor to funds advised by Apax Partners on 1 October 2026, about two months after signing on 29 July 2026. Centor accounts for roughly half of the combined enterprise value of about EUR 1.5bn (USD 1.69bn) agreed for Centor and the group's global Primary Packaging Plastics business. The proceeds go to debt reduction; the Primary Packaging Plastics sale is still expected to close in the first half of 2027, followed by a group refinancing.

Why this mattersThe closures exit funds deleveraging and leaves Gerresheimer concentrated on primary pharmaceutical packaging and drug-delivery systems, with one disposal still to run.

  • Centor sale completed on 1 October 2026, about two months after the agreement signed on 29 July 2026
  • Buyer is funds advised by Apax Partners
  • Centor represents about half of the combined enterprise value of roughly EUR 1.5bn (USD 1.69bn) agreed for Centor and Primary Packaging Plastics
  • Proceeds are earmarked for debt reduction, according to CFO Wolf Lehmann
  • Primary Packaging Plastics disposal is expected to close in the first half of 2027, with a comprehensive group refinancing prepared with lenders afterwards
  • Gerresheimer reports Q3 2026 results on 31 October 2026
Gerresheimer Apax Partners counterparty Apax counterparty
Sources finanzen.net DE 4investors.de DE Wallstreet Online DE Börse Express DE n-tv.de
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-10-02 · Edited before publication: The buyer (funds advised by Apax Partners), the 29 July 2026 signing and Centor's share of roughly half the EUR 1.5bn enterprise value are in the sources but missing from the text; the bullet 'shares moved following the completion announcement' carries no figure and no news. Topic 'Private equity' is not on the fixed list and is covered by Portfolio & Strategy and Capita
  • 2026-10-02 · Edited before publication: Facts are fully grounded across the three sources (completion 1 October 2026, signing 29 July 2026, Apax-advised funds, half of about EUR 1.5bn combined enterprise value, debt reduction, Primary Packaging Plastics close in H1 2027, Q3 results 31 October 2026). Fixed only to add the USD equivalent of the headline deal value, per the publisher's standing note that a deal v
  • 2026-10-03 · Further coverage added: n-tv.de