GERRESHEIMER GLAS AG SELLS FBG-TRIDENT
3.11.2003, 13:14
Düsseldorf, Germany 3. 11. 2003 (PROTEXT/ots) - The packagingspecialist Gerresheimer Glas AG, Düsseldorf, has sold itsEnglish subsidiary FBG-Trident Ltd. as at the end of October2003. The purchaser of the company is Murray Holdings Limited,London. FBG-Trident has 82 employees and annual sales of Euro6.4 million. The company manufactures tubular glass products.
Gerresheimer is parting ways with FBG-Trident in the courseof its portfolio rationalisation. The change of owner isbeneficial for all parties, says Dr. Axel Herberg, Chairman ofthe Executive Board of Gerresheimer Glas. With the further focusof the Gerresheimer Group on the core segments of pharmaceuticalsand cosmetics, FBG-Trident no longer fits the Group's businessstrategy. For Murray Holdings on the other hand, synergy withthe existing business is created.
The Gerresheimer Group is one of the leading internationalsuppliers of high- quality packaging and system solutions madefrom glass and plastic, especially for the market segments ofpharmaceuticals and cosmetics. Gerresheimer manufactures in 18locations in Europe and America and employs 5,500 peopleworldwide. Sales total around Euro 580 m, of which almost threequarters are achieved outside Germany. Further information underwww.gerresheimer.com.
ots Original Text Service: Gerresheimer GlasAktiengesellschaft Internet: http://www.presseportal.de
Contact:
Gerresheimer Glas Aktiengesellschaft Moersenbroicher Weg 191D -40470 Düsseldorf, Germany http://www.gerresheimer.com
Burkhard Lingenberg Director Corporate PR & Marketing Telefon+49-(0)211/61 81-251 Telefax +49-(0)211/61 81-241 e-mailb.lingenberg@gerresheimer.com
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