Balda acquires C. Brewer Company

The purchase price for the acquisition totals around EUR 33 million, including the performance-related earn-out clause of EUR 3.8 million. Dominik Müser, CEO of Balda AG: “The USA is the largest healthcare market in the world. Therefore, it is of fundamental importance for the development of our group to have a presence there with our own production locations. With the purchase of C. Brewer we have acquired a injection-molded plastics specialist with well established customer relationships that display a high degree of trust. The company is located in California’s medical valley with a particularly high density of healthcare customers. This gives Balda an excellent base for expansion in the USA.”