Sanner Group Expands Global Reach with Gilero Acquisition
Expansion of Sanner Group's Medical Device Portfolio
Sanner Group is taking significant steps to enhance its position in the global healthcare market through the recent acquisition of Gilero LLC. This strategic move is aimed at bolstering Sanner's extensive range of development and manufacturing services in the medical device industry.
The Impact of Acquiring Gilero
By adding Gilero to its portfolio, Sanner positions itself as a top-tier provider of integrated services across drug delivery and medical technology sectors. With Gilero’s expertise in design, assembly, packaging, and contract manufacturing, Sanner can now offer a more cohesive and comprehensive service model to its clients. This acquisition will not only improve Sanner’s capabilities but also expand its operational reach in critical markets.
Expertise and Capability Enhancements
Gilero is recognized for its strong capabilities in the development of medical devices and drug delivery systems. This expertise is expected to significantly enrich Sanner’s service offerings, allowing for a seamless integration of processes from design to production. With operations in the United States, Mexico, and Ireland, Gilero’s international presence complements Sanner’s existing facilities, thus enhancing its global footprint.
Comments from Leadership
Hans-Willem van Vliet, CEO of Sanner, expressed enthusiasm about this acquisition, highlighting that Gilero aligns perfectly with Sanner's ambition to be a leading global provider of customized medical technology solutions. He stated that this acquisition would allow the company to better serve its clients and mitigate supply chain challenges by having production capabilities closer to key markets.
Sanner's Vision for the Future
Sanner aims to build a next-generation medical device contract development and manufacturing organization (CDMO) that emphasizes agility and innovative thinking. This vision is deeply rooted in Sanner’s long-standing tradition within the healthcare packaging sector, particularly with its renowned desiccant packaging solutions.
Broadening Global Manufacturing Capabilities
The acquisition of Gilero is a crucial component of Sanner's strategy to enhance its end-to-end CDMO activities on a global scale. The introduction of new facilities in the US, coupled with developments in Germany and Asia, positions Sanner as a formidable player in the medical device and pharmaceutical industries.
Advice and Guidance for the Acquisition
Sanner was guided through this acquisition process by a team of experts, including Alvarez & Marsal for financial advice, Deloitte for tax structuring, and Norton Rose Fulbright for legal counsel. Likewise, Gilero received support from Alira Health and Hutchison PLLC for legal matters.
About Sanner
Founded in 1894, Sanner GmbH is a leader in the provision of healthcare packaging solutions globally. With a strong manufacturing base in several countries, including Germany, France, and the US, Sanner has evolved from a market leader in desiccant closures to a dynamic provider of customized solutions in the medical device space. Sanner currently offers products to over 150 countries and employs more than 750 staff members internationally.
About Gilero
Gilero specializes in end-to-end services within the medical device and drug delivery markets. The company’s dedication to innovation is backed by a team of over 130 skilled professionals across locations in North Carolina, California, Illinois, and Ireland. Gilero's focus on providing high-quality design and engineering services ensures that it remains a valuable partner in healthcare solutions.
Frequently Asked Questions
What is the significance of Sanner acquiring Gilero?
The acquisition of Gilero allows Sanner to enhance its capabilities in the medical device sector and strengthen its global manufacturing footprint.
Where is Gilero located?
Gilero has headquarters in Durham, North Carolina, with additional offices in Carlsbad, California, Chicago, Illinois, and Athlone, Ireland.
How will this acquisition impact Sanner's services?
The acquisition will broaden Sanner's service offerings, allowing for more integrated solutions in drug delivery and medical device development.
What markets will Sanner expand into through this acquisition?
Sanner aims to enhance its operations primarily in the US and Mexico, two key hubs for biopharma and medical technology.
What is Sanner's history?
Founded over 125 years ago, Sanner has transitioned from being a leader in pharmaceutical packaging to focusing on innovative medical device solutions and CDMO services worldwide.
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