Gerresheimer Acquires Bormioli Pharma in €800 Million Deal
Deal News | Dec 17, 2024 | Legal Community Italy
Hogan Lovells, an international law firm, successfully guided Gerresheimer, a specialist in the pharmaceutical, biotechnology, and cosmetics industries, in acquiring Blitz Luxco, the holding company of Bormioli Pharma. The acquisition, completed on December 10, 2024, is valued at approximately €800 million. Hogan Lovells assembled a cross-border, multidisciplinary team led by partners Franz-Josef Schoene and Luca Picone, with counsel and associates from Düsseldorf, Milan, and Luxembourg. On the other side, LMS advised Bormioli Pharma and its managers with a multi-jurisdictional team directed by partners Fabio Labruna, Giulio Gambini, and Luca Vicendone, along with their associates. This strategic acquisition enhances Gerresheimer's position in the pharmaceutical industry.
Sectors
- Pharmaceuticals
- Legal Services
Geography
- Italy – The involvement of LMS and the representation of Bormioli Pharma indicate significant Italian participation in the acquisition.
- Germany – Gerresheimer, a German company, led the acquisition, demonstrating the geographical involvement of Germany.
Industry
- Pharmaceuticals – The article's main focus is on Gerresheimer's acquisition of Bormioli Pharma, both companies are key players in the pharmaceutical industry.
- Legal Services – Hogan Lovells and LMS, prominent law firms, played critical roles in the completion of the acquisition, highlighting the presence of the legal industry in the article.
Financials
- €800 million – The acquisition value of Bormioli Pharma by Gerresheimer.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Gerresheimer | Buyer | Company | A company specializing in solutions for the pharmaceutical, biotechnology, and cosmetics industries, involved as the buyer in the acquisition. |
| Bormioli Pharma | Target | Company | Blitz Luxco, the holding company of Bormioli Pharma, was acquired by Gerresheimer. |
| Hogan Lovells | Legal Advisor to Buyer | Company | An international law firm that advised Gerresheimer in the acquisition process. |
| LMS | Legal Advisor to Seller | Company | Law firm advising Bormioli Pharma and its managers in the acquisition. |