Silgan Holdings Signals Interest in Germany's Gerresheimer
Silgan Holdings is exploring a takeover of German firm Gerresheimer. The move follows a regulatory probe and a significant drop in the packaging maker's value.
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The packaging industry is seeing potential consolidation as Silgan Holdings Inc., based in the United States, has expressed interest in acquiring the German medical packaging specialist Gerresheimer AG. According to sources familiar with the matter, the American firm is currently working with advisers to evaluate a possible approach for the company located in Germany.
