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Gerresheimer AG Acquires Majority Stake In Triveni Polymers-Business Standard


Tuesday, 18 Dec 2012 08:48am EST 

Business Standard reported that Gerresheimer AG announced the acquisition of majority shareholding in the Indian company Triveni Polymers. Gerresheimer AG will acquire 75% stake in the company and the rest will retained by the promoters of the company. The financial detail of the deal was not available. Triveni is a manufacturer of plastic containers and closures for the pharma industry with a track record of more than a decade production of regulated pharma packaging. 

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