(Reuters) – German medical packaging maker Gerresheimer has garnered interest from US medical solutions company Phillips-Medisize and buyout firm Bain Capital for parts or all of Gerresheimer, Bloomberg News reported on Wednesday, citing sources.
Phillips-Medisize and Bain join a list of suitors for the German firm which already includes KKR & Co, Warburg Pincus and EQT AB, according to an earlier Bloomberg report.
Gerresheimer declined a Reuters request for comment, while Phillips-Medisize and Bain did not immediately respond.
Earlier this month, the medical equipment group said it was in early-stage discussions with private equity investors over a potential sale of the company, adding that it would evaluate any offers in the best interest of the company.
Activist investor Ricky Chad Sandler had bought a 5.43% stake in Gerresheimer in October 2024. In late September, the company cut its annual outlook for the second time in 2024, sending its shares tumbling 18% in a single day.
(Reporting by Ojasvi Gupta in Bengaluru; Editing by Shailesh Kuber)
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