Glass Industry News

JIC AND PAI PARTNERS IN FINAL NEGOTIATIONS FOR THE SALE OF SGD PHARMA

, SGD Pharma

PAI Partners (“PAI”), a leading European private equity firm, today announces that it has made a binding offer for the acquisition of SGD Pharma (the “Company”), a leading global manufacturer of primary glass packaging for the pharmaceutical industry, to China Jianyin Investment Ltd. (“JIC”)

SGD Pharma is a world leader in the pharmaceutical glass packaging industry. Headquartered in France, SGD Pharma employs 3,200 people worldwide, with a network of five industry-reference plants located in France, Germany, China, and India. It supplies Type I, II and III, molded and tubular, amber and flint glass packaging to a wide range of customers including international pharma laboratories, generics manufacturers, CDMOs, biotechs, and wholesalers. SGD Pharma is known in its industry for the quality of its products, its reliability and service levels, and its unique innovation capabilities.

Under JIC ownership, the Company has continuously invested in its industrial footprint and further accelerated its innovation efforts, strengthening its leadership and developing strong positions in attractive higher growth, as well as value, segments and geographies.

Christophe Nicoli, Chief Executive Officer of SGD Pharma, said: “By investing in cutting-edge manufacturing technologies, in taking the lead on sustainability and through constantly improving the service level it offers to its clients, the SGD Pharma teams have built a solid platform for performance and growth under JIC’s ownership. We are now thrilled to contemplate the next stage of SGD Pharma’s development with PAI - an experienced and supportive partner.

Laurent Rivoire, a Managing Partner at PAI Partners, commented: “We look forward to finalising the acquisition of SGD Pharma from JIC. We have closely followed the development of SGD Pharma over the years and have been impressed by the progress made under the leadership of a talented management team. From this solid base, our ambition is to accelerate SGD Pharma’s growth trajectory through organic and external initiatives, mobilising PAI’s resources and expertise in the packaging and healthcare industries”.

The contemplated transaction will be submitted to the relevant employee representative bodies of SGD Pharma and be subject to the finalisation of the process required by the Ministry of Finance of China. The completion of the contemplated transaction would be subject to antitrust approvals.

PAI Partners is advised by Citi and Rothschild on M&A, Willkie Farr Gallagher on Legal, 8Advisory on Finance and Tax, Bain & Company on Commercial, and KPMG on Environment.

JIC is advised by BofA Securities on M&A, Bredin Prat on Legal, PwC on Finance and Tax, Roland Berger on Commercial and ERM on Environment. 

, © SGD Pharma

Il materiale informativo del sito è registrato ed appartiene all´azienda o ai terzi che lo hanno fornitoe tutti i diritti sono riservati. Qualsiasi utente che accede a tale materiale può farlo solo ad uso personale e ne è anche responsabile. Ridistribuzione o altro uso commerciale di tale materiale è espressamente proibito. Nel caso in cui il materiale sia stato ceduto da terzi, l´utente concorda di rispettare questi termini di utilizzo specificati. Glass Global non garantisce la veridicità o l´esattezza del contenuto di alcuna informazione o di siti web esterni menzionati nelle stesse.

Should the content or the design of these sites violate third parties rights or legal prescriptions, we kindly ask you to send us a respective message without invoice or cost. We guarantee that passages where the claim is considered as justified will be removed immediately, without any necessity to involve any lawyer into this issue. We will reject any claim caused by submission of a honorary note in this regard without any prior contact and confirmation of the issueby us and we reserve the right ssue counter claim ourselves because of violation of aforesaid conditions.



Info Grid

Glass studies

Updated worldwide glass study 2024

plants.glassglobal.com

Updated hollow glass study 2024

Request more information

Updated float glass study 2024

Request more information

Further glass market studies

Request more information

Profilo Aziendale



Updated worldwide glass market study 2024 available now for flat, container glass and tableware

We have updated our international studies on flat glass, container glass and tableware for 2024.

This unique software provides a global overview about glass producers and technical details. Easy to use and clear tables summarize information and data about glass makers such as: Glass types: flat glass, container glass, tableware, production capacities in regions and countries, number of furnaces, furnace types, year of construction, glass types and sub-types, products, project information, special news and downloads.

Further databases supplying demoscopic data and import and export data complete the market survey. Based on these data, prepare individual country profiles with information about local production capacities, local market sizes and expected demand in the future.

Request your offer via plants.glassglobal.com.

Updated container glass study 2024

X

Updated float glass study 2024

X

Further glass studies and reports 2024

X