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Verallia to acquire Vidrala's Italian glass business for €230M · Endata

◂ Announcements

Packagingworld trade 2024+3.9% 5Y CAGR

Feb 28, 2024ACQUISITIONCorsico, near Milan, Italy

Verallia to acquire Vidrala's Italian glass business for €230M

Verallia has agreed to acquire Vidrala's Italian glass container business, with its single site in Corsico near Milan, for €230 million enterprise value, financed by external debt; completion is expected in Q2 or Q3 2024.

Value

$248.0M (230.0M EUR)

Status

Announced

Productsglass containers for food and beverage

CompaniesVerallia acquirer Vidrala partner

Sectors#Packaging

“Consideration for the transaction amounts to €230 million in enterprise value and will be financed by external debt.”verallia.com

2 sources
verallia.comVerallia has entered into an agreement to acquire Vidrala’s glass business in ItalyFeb 28, 2024
formesdeluxe.comM&A - Luxe Packaging Insight - Page 5May 30, 2024

Summarized from public sources; check the original articles before acting on it.

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