Acquiring Company
Verallia
Acquired Company
Vidrala
CourbevoieManufacturingFood and BeverageManufacturingPackaging ServicesDescription
Verallia, one of Europe's main producers of glass packaging, has entered into an agreement to acquire Vidrala's Glass Business in Italy for €230 million in enterprise value. This strategic acquisition allows Verallia to expand its capabilities in the Italian market with 7 production sites and complements its footprint in strategic geographies, aiming for profitable growth and improved industrial presence in Italy.
Quick answer
Verallia is acquiring Vidrala, announced February 28, 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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Frequently asked
Who acquired Vidrala?
Vidrala was acquired by Verallia, based in Courbevoie. The deal was reported on February 28, 2024. Verallia is privately held and operates in Manufacturing.
When did Verallia acquire Vidrala?
Verallia's acquisition of Vidrala was reported on February 28, 2024. Verallia, one of Europe's main producers of glass packaging, has entered into an agreement to acquire Vidrala's Glass Business in Italy for €230 million in enterprise value. 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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