Apax acquires Centor and plastic packaging business from Gerresheimer

Apax formed a new packaging platform through the €1.5 billion acquisition of Centor, a medical packaging firm, and another plastic packaging business from Gerresheimer.

The combined entities generated about €570 million in revenue and employed roughly 2,400 people in 2025.

The businesses serve healthcare and packaging end markets, with Centor focused on medical applications and the second unit producing plastic packaging solutions.

Gerresheimer, the listed pharmaceutical packaging and medical device manufacturer, sold the assets as part of a portfolio realignment.

Apax has been active in the healthcare and industrials sectors, most recently backing supply-chain compliance platform Inspectorio and acquiring events and data intelligence platforms Techoraco and Institutional Investor earlier in July.