Gerresheimer Establishes Life-Science Joint Venture With Thermo Fisher Scientific



    Production Facilities in the USA, Mexico, China and Germany

    DUSSELDORF, Germany, March 20 /CNW/ - Gerresheimer has agreed with the US
company Thermo Fisher Scientific Inc. (TMO) to establish a joint venture
company under the name "Kimble/Chase Life Scienceware LLC". The company will
be based in New Jersey/USA. Gerresheimer contributes its life-science business
to the new company in parallel with certain laboratory glass-ware product
lines of Thermo Fisher Scientific, thereby creating one of the leading
worldwide producers of special glass products in the life-science research
sector. With 51% of the shares, Gerresheimer has a majority in the new joint
venture company. It will employ around 1,500 people in 7 plants in the USA,
Mexico, China and Germany. The closing of the joint venture is subject to
customary closing conditions, including applicable regulatory approvals.
    A joint venture with Thermo Fisher Scientific for life-science products
in the area of marketing and distribution has already existed since 2001. "The
new agreement provides an ideal combination which makes us a top global
supplier in the important market segment of life-science research," says Dr.
Axel Herberg, President and CEO of the Gerresheimer Group. Gerresheimer
contributes production facilities in the USA, Mexico and China, while Thermo
Fisher contributes production facilities in the USA and Germany.
    The new joint venture company "Kimble/Chase Life Scienceware" ideally
complements the Gerresheimer range of innovative products based on glass and
plastic. It marks an important step for Gerresheimer in its targeted
development into a global pharma/life-science Group. The products of the new
joint venture are used in industrial pharmaceutical R & D. They are supplied
among others under the Kimble, Kontes and Bomex trademarks.

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    (c) Gerresheimer Group GmbH

    Gerresheimer is a pharmaceutical & life-science supply and services
company with market leading positions of specialty products made of glass and
plastic. Gerresheimer owns 32 production sites in Europe, North America and
Asia and employs approximately 8,500 employees worldwide.





For further information:

For further information: Gerresheimer Group GmbH, Benrather Strasse 18 -
20, 40213 Dusseldorf, Germany, Burkhard Lingenberg, Director Corporate PR &
Marketing, Telephone +49-(0)211-61-81-251, Telefax +49-(0)211-61-81-241,
e-mail b.lingenberg@gerresheimer.com, Internet www.gerresheimer.com

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