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

Jul 04, 2024over 1 year ago

Acquiring Company

Verallia

Acquired Company

Vidrala

CourbevoieBilbaoManufacturingPackaging ServicesManufacturing

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.

Company Information

Company

Verallia

Location

Courbevoie, Ile De France, France

About

At Verallia, our purpose is to re-imagine glass for a sustainable future. We want to redefine how glass is produced, reused and recycled, to make it the world’s most sustainable packaging material. We work in common cause with our customers, suppliers and other partners across the value chain to develop new healthy and sustainable solutions for all. With around 10,000 people and 32 glass production facilities in 11 countries, we are the leading European and the third largest producer globally of glass containers for food and beverages, providing innovative, customized and environmentally friendly solutions to more than 10,000 businesses around the world. Verallia produced more than 16 billion bottles and jars and achieved revenues of €2.7 billion in 2021. Verallia is listed on compartment A of the Euronext Paris stock exchange (Ticker: VRLA – ISIN: FR0013447729) and belongs to the SBF 120, CAC Mid 60, CAC Mid & Small et CAC All-Tradable indexes. For more information: www.verallia.com.

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M&A Insights

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Integration timeline
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Tech stack consolidation
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Post-acquisition investment
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