Gerresheimer

Gerresheimer AG
legal form	Corporation
ISIN	DE000A0LD6E6
founding	1864
Seat	Dusseldorf , Germany
management	Dietmar Siemssen, CEO Bernd Metzner, Lukas Burkhardt Axel Herberg, chairman of the supervisory board
Number of employees	9872 (2019)
sales	1.392 billion euros (FY 2019)
Branch	Packaging manufacturer
Website	www.gerresheimer.de
As of November 30, 2018

The Gerresheimer AG (formerly Gerresheimer Glas AG) based in Dusseldorf is a listed German manufacturer of primary packaging made of special glass and plastics for the pharmaceutical, cosmetics and food industry. The company has locations in Europe, America and Asia.

history

Gerresheimer Glas AG was founded in 1864 by Ferdinand Heye , son of the businessman Caspar Hermann Heye (1792–1864), in Gerresheim near Düsseldorf . He ran the company on his own responsibility until 1888. In that year it was converted into a stock corporation . The company name was derived from “Ferd. Heye, Glass Factory, Gerresheim near Düsseldorf ”in“ Actien Gesellschaft der Gerresheimer Glashütte , vorm. Ferd. Heye, Gerresheim near Düsseldorf ”.

As Heye died in 1889, his son Hermann joined at the age of 23 years in the board of the company and took over in 1891 the management board . In 1907, Hermann Heye founded the European Bottle Factory Association. He bought the patent rights to the first bottle blowing machine for Europe developed by Michael Joseph Owens . It was used in the Gerresheimer Glashütte from 1908. Hermann managed the company until his death in 1941. From then on, his son-in-law Niels von Bülow took over the management of the glassworks, as he was now the oldest member of the board. During the Second World War , the Gerresheimer glassworks were classified as important to the war effort. As a result, a total of around 2,100 men and women from Eastern and Western Europe had to do forced labor in production.

Corporate headquarters of Gerresheimer AG in Düsseldorf, Airport City

In 1959, Owens-Illinois , based in Toledo ( Ohio ), took over 50.1% of the shares and in 1971 acquired the qualified majority in Gerresheimer Glas AG. A year later, in 1972, the company was renamed "Gerresheimer Glas AG." A branch in Heilbronn , which was taken over in 1967 by Salzwerk Heilbronn AG and integrated into the Gerresheimer Group in 1972, was closed on March 24, 1978 .

From November 1985 Gerresheimer Glas AG became an independent company again. The new majority shareholder was Westdeutsche Landesbank (WestLB) , which bought around 58% of the shares in Gerresheimer Glas AG from Owens-Illinois. From 1990 VIAG acquired a majority in WestLB's capital. In April 2000, as part of its merger with VEBA to found E.ON, VIAG sold its majority stake in Gerresheimer Glas AG to a consortium led by private equity investor Investcorp. Gerresheimer Glas took this off the stock exchange in 2003 and sold its stake at the end of 2004 to the US investor group Blackstone .

From the 1990s, Gerresheimer was gradually realigned strategically. Previously, Gerresheimer was one of the largest European manufacturers of beer and water bottles. This business area was given up and the company focused on special packaging for the pharmaceutical, healthcare and cosmetics industries.

In 1999 Gerresheimer Glas AG sold the Gerresheim glassworks together with five other production sites to the French company BSN glasspack, a subsidiary of the French Danone group. In December 2004 Owens-Illinois acquired BSN glasspack and with it the Düsseldorf glassworks again. In August 2005, the US company Owens-Illinois (OI) closed the Gerresheimer Glashütte, which was previously the world's largest bottle producer, after 141 years. In 2012 Patrizia Immobilien acquired the site of the former glassworks. The city of Düsseldorf and Patrizia Immobilien are banking on residential construction in the glassmaking district of Düsseldorf.

In June 2007 the (re-) listing on the stock exchange took place under the abbreviated name “Gerresheimer AG”. The company has been represented in the MDAX since December 2008 . The company's headquarters are still in Düsseldorf.

In 2007 the company acquired the Wilden Group, which is now part of the Plastic & Devices division under the name Gerresheimer Regensburg GmbH and as Medical Plastic Systems. In 2011 Gerresheimer acquired the company Tampas Herméticas Védat in Brazil, which is now called Gerresheimer Plásticos São Paulo Ltda. wearing. In April 2012 Gerresheimer took over the Indian company Neutral Glass & Allied Industries Pvt. Ltd. majority and in December Triveni Polymers Ltd. followed. Pvt., A manufacturer of plastic packaging for the regulated Indian market. With five plants in South America, six in China and seven in India, Gerresheimer is represented in the fast-growing emerging markets.

Gerresheimer bought Centor in September 2015.

In November 2015, Gerresheimer sold its tubular glass business to the American company Corning Inc. In addition, Gerresheimer and Corning founded a joint venture .

On November 1, 2016, Gerresheimer sold its laboratory glass division Kimble Chase (joint venture between Gerresheimer and Chase Scientific Inc) with administrative headquarters in Rockwood, Tennessee / USA to the Duran Group, an investment group of One Equity Partners .

In July 2018, Gerresheimer bought the Swiss medical technology company Sensile Medical, a manufacturer of micropumps, and founded the Advanced Technologies division.

Since the end of February 2019, 60% of respimetrix has belonged to Gerresheimer AG. Respimetrix is ​​part of the Advanced Technologies division and is active in the field of inhalation measurement.

Companies

Gerresheimer produces special glass and plastic products for international pharmaceutical, healthcare, cosmetics and food manufacturers. These include drug vials, drug delivery systems, syringe systems, insulin pens, inhalers, perfume bottles, cream jars, and liquor bottles. In 2016, the group of companies generated sales of around 1.4 billion euros at its locations in Europe, America and Asia and employed around 10,000 people.

Gerresheimer's target group is the pharmaceutical and healthcare industry, which it supplies as a full-range supplier with primary packaging made of glass and plastic as well as products for administering drugs. Gerresheimer also produces cosmetic packaging and glass containers for special segments of the food and beverage industry.

In the 2018 financial year (December 1, 2017 to November 30, 2018) sales rose by 1.4 percent to EUR 1,367.7 million.

Locations

Gerresheimer is an international company with numerous locations. Gerresheimer operates plants in America, Asia and Europe.

Key figures

year	Turnover *	Adjusted EBITDA	Annual surplus *	Employee
2008	1,060.1	206.4	4.5	10.177
2009	1,000.2	185.9	7.0	9,343
2010	1,024.8	204.5	46.7	9,475
2011	1,094.7	217.3	54.4	10,212
2012	1,219.1	239.9	68.3	10,952
2013	1,265.9	249.8	68.5	11,239
2014	1,290.0	253.4	72.9	11.096
2015	1,282.9	262.6	112.7	10,684
2016	1,375.5	307.8	168.2	9,904
2017	1,348.3	310.8	103.1	9,749
2018	1,367.7	298.6	103.0	9,890
2019	1,392.3	400.0	82.7	9,872

^* Figures in EUR million

Board

Surname	function	Business area	Member since
Dietmar Siemssen	CEO	Plastic & Devices, Advanced Technologies	2018
Bernd Metzner	CFO		2019
Lukas Burkhardt	Board member	Primary Packaging Glass	2018

literature

• Bruno Kammann: Gerresheimer Glas, history of a global company (1864–2000). A contribution to the economic, social and urban history of Düsseldorf. Klartext Verlag, Essen 2007, ISBN 978-3-89861-782-6 .
• Peter Henkel : Düsseldorf-Gerresheim industrial path. Droste, Düsseldorf 2009, ISBN 978-3-7700-1318-0 .
• Peter Henkel: 150 years of Gerresheim glassworks. Droste, Düsseldorf 2014, ISBN 978-3-7700-1533-7 .

Web links

• Website of the Carbon Disclosure Project
• Early documents and newspaper articles on Gerresheimer in the 20th century press kit of the ZBW - Leibniz Information Center for Economics .

Individual evidence

1. ↑ [1] In: Gerresheimer.com . From September 6, 2018, accessed November 2, 2018.
2. ↑ ^{a b} Gerresheimer AG: Gerresheimer AG Annual Report 2019 (PDF) Retrieved on February 26, 2020 . 
3. ^ Bruno Kammann: Gerresheimer Glas: History of a World Company (1864-2000); a contribution to the economic, social and urban history of Düsseldorf . 1st edition. Klartext-Verlag, Essen 2007, ISBN 978-3-89861-782-6 .
4. ^ Entry on Glashütte Heilbronn AG in the HEUSS database of the Heilbronn City Archives , contemporary history collection, signature ZS-925
5. ↑ see also: Investcorp on the English Wikipedia
6. ↑ Glashütte Gerresheim: The dead live longer on vdi-nachrichten.com.
7. ↑ Former glassworks - 1400 apartments on rp-online.de.
8. ↑ Gerresheimer AG: Gerresheimer moves up to the MDAX . (No longer available online.) December 4, 2008, archived from the original on March 12, 2014 ; Retrieved April 10, 2010 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.  
9. ↑ Gerresheimer buys the Wilden Group on neue-verpackung.de.
10. ↑ Gerresheimer acquires Brazilian pharmaceutical plastic packaging company Védat ( Memento of the original from August 15, 2014 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. on gerresheimer.com. 
11. ↑ ^{a b} Gerresheimer acquires the Indian manufacturer of pharmaceutical plastic packaging Triveni ( Memento of the original from March 12, 2014 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. on gerresheimer.com. 
12. ↑ Archived copy ( memento of the original from November 24, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. 
13. ↑ Packaging manufacturer: Gerresheimer buys Sensile Medical - share takes off. Retrieved October 9, 2019 . 
14. ↑ Locations - Gerresheimer. Retrieved October 9, 2019 .