Gerresheimer Acquires Indian Pharma Glass Manufacturer Neutral Glass
It acquires a majority shareholding in the Indian company Neutral Glass & Allied Industries Pvt. Ltd. to help it achieve this aim. Having local production operations in the emerging markets is strategically significant for Gerresheimer due to the rapid growth of the pharma sectors there. Gerresheimer already has five plants in South America, seven in China and representative offices in Moscow and Mumbai, providing it with a strong presence in the emerging markets. Now it also has a modern pharma glass production facility in India (4/2012).