# Orora advances talks to acquire glass bottle maker Saverglass from Olympe

Australian packaging company Orora confirmed advanced negotiations with Olympe, the holding company of France-based Saverglass, for a potential acquisition. The parties were still finalising funding and deal terms as of 30 August 2023.

- Type: Acquisition
- Announced: 2023-08-31
- Where: France
- Status: announced
- Products: high-end glass bottles

## Companies

- [Orora](https://endata.com/companies/992.md) (acquirer)
- [Saverglass](https://endata.com/companies/3731.md) (target)
- [Olympe](https://endata.com/companies/10957.md) (partner)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/orora-potential-acquisition-saverglass/), 2023-08-31: "Australian packaging company Orora has confirmed that it is in 'advanced negotiations' with Olympe for the potential acquisition of France-based luxury glass bottles manufacturer Saverglass."

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