With the acquisition of Centor, the Company realized its long-term goal of occupying a stronger presence in the plastic pharmaceutical packaging segment in the USA. Centor is the market leader in plastic containers used by American pharmacies to package prescription tablets. In addition, Gerresheimer sold its glass tubing production activities, entered into a long-term supply contract for this intermediary product and established a joint venture for future innovation in the pharmaceutical glass segment. Prior to the two transactions, the overall financing arrangement from 2011 was replaced in June 2015 with a EUR 450m revolving credit facility. The Centor acquisition was primarily funded out of the successful EUR 425m debt issue in November 2015. Leverage-the ratio of net financial debt to adjusted EBITDA-stood at 2.9 as of the end of November 2015 compared with a prior-year figure of 1.7. The Company aims to bring leverage back down as soon as possible.