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Verallia completes acquisition of Vidrala’s Glass Business in Italy to strengthen operational excellence

Jul 04, 2024

Acquiring Company

Verallia

Acquired Company

Vidrala

CourbevoieManufacturingFood and BeverageManufacturingPackaging Services

Description

Verallia, the European leader in glass packaging, has successfully finalized the acquisition of Vidrala’s Glass Business in Italy with a focus on enhancing its operational excellence and industrial footprint. This strategic move is in alignment with Verallia's commitment to sustainable solutions and growth in key European markets.

Quick answer

Verallia is acquiring Vidrala, announced July 4, 2024. Verallia is based in Courbevoie, Ile De France, France.

How much did Verallia pay for Vidrala?
The deal value was not disclosed.
What does Verallia do?
Verallia is a global glass packaging leader re-imagining glass for a sustainable future by redefining how it is produced, reused, and recycled, delivering innovative and environmentally friendly solutions for food and..
Where are Verallia and Vidrala based?
Verallia is based in Courbevoie, Ile De France, France.
Who are the decision-makers at Verallia?
Fundz holds 3 contacts at Verallia. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Verallia

Location

Courbevoie, Ile De France, France

About

Verallia is a global glass packaging leader re-imagining glass for a sustainable future by redefining how it is produced, reused, and recycled, delivering innovative and environmentally friendly solutions for food and beverage brands worldwide. With nearly 11,000 employees and 35 production facilities across 12 countries, Verallia is Europe’s leading and the world’s third-largest glass packaging producer, serving over 10,000 customers, generating €3.5 billion in revenue in 2024, and advancing ambitious climate goals aligned with the Paris Agreement, including a validated Net Zero 2040 target, while being publicly listed on Euronext Paris under the ticker VRLA.

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Frequently asked

Who acquired Vidrala?

Vidrala was acquired by Verallia, based in Courbevoie. The deal was reported on July 4, 2024. Verallia is privately held and operates in Manufacturing.

When did Verallia acquire Vidrala?

Verallia's acquisition of Vidrala was reported on July 4, 2024. Verallia, the European leader in glass packaging, has successfully finalized the acquisition of Vidrala’s Glass Business in Italy with a focus on enhancing its operational excellence and industrial footprint. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Vidrala do?

Vidrala’s Glass Business in Italy, with the Corsico-based plant equipped with two recently renovated furnaces and modern production facilities, has a capacity of 225Kt/year and a strong positioning in the beer, food, and spirits markets. It is privately held, operating in Manufacturing.

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