O-I acquires just under 50% stake in Empresas Comegua

Owens-Illinois (O-I) acquired a just over 49.7% interest in Empresas Comegua S.A., Central America's leading glass container maker, from a subsidiary of Vitro for $119 million.

“The purchase price of $119 million is adjusted for net debt and is based on an enterprise value of just under 6x FY18E EBITDA prior to any synergies.”globenewswire.com

• 1 source
• globenewswire.comO-I ACQUIRES NEARLY 50 PERCENT INTEREST IN EMPRESAS COMEGUANov 12, 2018

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