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Gerresheimer, Bormioli Pharma deal gets conditional approval in Austria

( November 20, 2024, 09:25 GMT | Official Statement) -- MLex Summary: Gerresheimer, a packaging maker for drugs and cosmetics, has received approval for its plans to acquire control of rival Bormioli Pharma, but subject to conditions, the Austrian competition authority has said. The deal would have led to high combined market shares for primary packaging made of soda-lime glass for the pharmaceutical industry.  To win approval, the companies agreed to take measures to ensure that a competitor, or remedy taker, can successfully access that market.Statement follows in German. ...

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