# Vidrala acquires full control of Brazilian glass packager Vidroporto

Spanish glass container maker Vidrala acquired the remaining 70.7% of Brazil's Vidroporto for EUR 384 million, after an earlier purchase of 29.3% for EUR 53 million, valuing the company at EUR 543 million. Vidroporto operates a plant in Porto Ferreira, São Paulo.

- Type: Acquisition
- Announced: 2023-12-05
- Where: Porto Ferreira, São Paulo, Brazil
- Value: $415.0M (384.0M EUR)
- Status: completed
- Products: glass bottles for beverages and food
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Vidrala](https://endata.com/companies/9211.md) (acquirer)
- [Vidroporto](https://endata.com/companies/11315.md) (target)

## Sources

- [economicnewsbrasil.com.br](https://economicnewsbrasil.com.br/2023/12/05/vidrala-adquiriu-controle-da-vidroporto-por-r-2-9-bilhoes/), 2023-12-05: "a transação totalizou 384 milhões de euros pelos 70,7% restantes da empresa"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.