Global leading market shares in stable and largely consolidated markets Good geographic diversification Strong product portfolio and long-term customer relationships Good profitability and operating cash flow generation Aggressive financial policies, including debt-financed acquisitions High capital intensity, in particular in glass operations, and heavy growth-related investment plans Exposure to price volatility of energy and raw materials Limited business scope The rating on Germany-based specialty packaging supplier Gerresheimer AG and its fully owned subsidiary Gerreshiemer Holdings GmbH are constrained by the group's aggressive financial profile and the company's appetite for debt-financed acquisitions. Nevertheless, the group has a satisfactory business risk profile, underpinned by leading positions in largely consolidated, growing, and noncyclical underlying markets. Relationships and cooperation between suppliers and customers are strong...
Companies mentioned in this report are: Gerresheimer AG,Gerresheimer Holdings GmbH
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