Loading…
Orora has completed its acquisition of Saverglass, the glass packaging maker, according to the article headline. Details of the transaction were not available in the text.
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.
Saverglass opened a $120 million glass bottle manufacturing and decoration plant in Jalisco, Mexico, which began production in June 2018, created 400 local jobs and adds 120 million bottles per year.
