Sanner Group, backed by London-based private equity firm GHO Capital, announced that it has acquired Gilero LLC. The addition of Gilero will enhance Sanner’s offering, positioning the business as a leading provider of end-to-end services across drug delivery, diagnostics and medtech device sectors.
Gilero LLC is a medical device design, contract development manufacturing organization (CDMO) headquartered in the Durham, North Carolina suburb of Morrisville.
Sanner Group is a leading global healthcare packaging manufacturer and medical device CDMO. Headquartered in Germany with manufacturing facilities across Germany, France, Hungary and China, Sanner has developed from a global market leader for desiccant closures and effervescent tablet packaging into a sought-after provider of customized solutions in the areas of medical devices and diagnostics, pharmaceuticals and consumer healthcare. Today, Sanner supplies its products to more than 150 countries globally and has more than 600 employees. GHO Capital acquired a majority stake in Sanner in November 2021.
Gilero’s capabilities in design and development, assembly, packaging and contract manufacturing will bolster Sanner’s streamlined and integrated offering to its customers. Gilero’s team of expert engineers across facilities in the United States, Mexico and Ireland will also expand Sanner’s reach on both sides of the Atlantic. Terms were not disclosed.
According to data captured in the LevinPro HC database, this transaction represents the 22nd CDMO transaction of 2024. There were 21 CDMO deals announced during 2023, and 38 announced during 2022.
