# China Glass to acquire Olivotto Glass Technologies

China Glass (03300) announced it will acquire all shares of Olivotto Glass Technologies S.p.A., a manufacturer of glass production equipment, for HKD 196 million.

- Type: Acquisition
- Announced: 2018-09-28
- Where: Italy
- Value: $25.0M (196.0M HKD)
- Status: announced
- Products: glass production equipment for neutral pharmaceutical glass, daily glass, and mineral wool
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [China Glass Holdings](https://endata.com/companies/20906.md) (acquirer)
- [Olivotto Glass Technologies S.p.A.](https://endata.com/companies/34598.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/154296.html), 2018-09-28: "公司拟以代价1.96亿港元收购Olivotto Glass Technologies S.p.A.全部股权。"

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