Packagingworld trade 2024+3.9% 5Y CAGR
O-I completes acquisition of Nueva Fanal glass packaging plant in Mexico from Grupo Modelo
O-I completed its acquisition of Nueva Fabrica Nacional de Vidrio (Nueva Fanal) from Grupo Modelo for about US$188 million. The plant near Mexico City has four furnaces producing about 300,000 tons of glass containers a year.
Capacity
approximately 300,000 tons of glass containers annually
Productsglass containersglass bottles for beer brands
“Owens-Illinois, Inc. (NYSE: OI) today announced it has completed the acquisition of Nueva Fábrica Nacional de Vidrio, S. de R.L. de C.V.”o-i.com
- 3 sources
- o-i.comO-I Announces the Completion of Acquisition of Glass Packaging Facility in Mexico; Expands Presence in Growing Global Brands | O-IJul 1, 2019
- packaging-gateway.comOwens-Illinois closes $188m deal to buy glass packaging facility in MexicoJul 2, 2019
- packaging-gateway.comO-I, Groupe Bellemare to produce bottles from curbside recycled glassAug 12, 2019
Summarized from public sources; check the original articles before acting on it.
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