# ATG Investments to acquire Frigoglass Jebel Ali glass factory for $12.5m

ATG Investments agreed to acquire a 100% stake in Jebel Ali Container Glass Factory from Frigoglass for $12.5 million; the UAE-based plant makes glass containers.

- Type: Acquisition
- Announced: 2018-04-05
- Where: Jebel Ali, United Arab Emirates
- Value: $12.5M
- Status: announced
- Products: glass containers
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [ATG Investments](https://endata.com/companies/3110.md) (acquirer)
- [Frigoglass](https://endata.com/companies/3111.md) (partner)
- [Frigoglass Jebel Ali](https://endata.com/companies/3112.md) (target)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/mas-week-transcontinental-orbis-hengan-mega-jumbo-investments/), 2018-04-05: "ATG Investments Limited has signed an agreement to acquire a 100% stake in Jebel Ali Container Glass Factory Fze from Frigoglass for $12.5m."

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