A consortium consisting of Warburg Pincus and KKR is in talks to acquire German packaging and medical equipment maker Gerresheimer AG, Bloomberg News reported on Wednesday, citing people familiar with the matter.

A group comprising private equity companies Warburg Pincus and KKR is reportedly in discussions to acquire Gerresheimer, a German company specialising in packaging for medicines and beauty products. The companies became the leading contenders after joining forces,

A consortium consisting of Warburg Pincus and KKR & Co. are in talks to acquire Gerresheimer AG, the German maker of packaging for drugs and cosmetics.

A consortium of private equity firms including Warburg Pincus and KKR & Co. (KKR) are in advanced discussions to buy Gerresheimer AG (OTCPK:GRRMF). The PE funds are now the leaders to purchase the Germany container and packaging maker after other bidders including Bain Capital dropped out of the process,