Gerresheimer Establishes Life-Science Joint Venture With Thermo Fisher Scientific
DUSSELDORF, Germany, March 20 — Gerresheimer has agreed
with the US company Thermo Fisher Scientific Inc. (TMO) to establish a
joint venture company under the name “Kimble/Chase Life Scienceware LLC”.
The company will be based in New Jersey/USA. Gerresheimer contributes its
life-science business to the new company in parallel with certain
laboratory glass-ware product lines of Thermo Fisher Scientific, thereby
creating one of the leading worldwide producers of special glass products
in the life-science research sector. With 51% of the shares, Gerresheimer
has a majority in the new joint venture company. It will employ around
1,500 people in 7 plants in the USA, Mexico, China and Germany. The closing
of the joint venture is subject to customary closing conditions, including
applicable regulatory approvals.
A joint venture with Thermo Fisher Scientific for life-science products
in the area of marketing and distribution has already existed since 2001.
“The new agreement provides an ideal combination which makes us a top
global supplier in the important market segment of life-science research,”
says Dr. Axel Herberg, President and CEO of the Gerresheimer Group.
Gerresheimer contributes production facilities in the USA, Mexico and
China, while Thermo Fisher contributes production facilities in the USA and
The new joint venture company “Kimble/Chase Life Scienceware” ideally
complements the Gerresheimer range of innovative products based on glass
and plastic. It marks an important step for Gerresheimer in its targeted
development into a global pharma/life-science Group. The products of the
new joint venture are used in industrial pharmaceutical R & D. They are
supplied among others under the Kimble, Kontes and Bomex trademarks.
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(c) Gerresheimer Group GmbH
Gerresheimer is a pharmaceutical & life-science supply and services
company with market leading positions of specialty products made of glass
and plastic. Gerresheimer owns 32 production sites in Europe, North America
and Asia and employs approximately 8,500 employees worldwide.