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New Deal


Announced

Saverglass to acquire Md Verre from Vidrala.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Pending

Containers & Packaging

Containers and Packaging

Majority

Belgium

Friendly

Private

Single Bidder

Synopsis

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Saverglass, a manufacturer specializing in the production and decoration of luxury and high-end glass bottles for the wine and spirits industry, agreed to acquire Md Verre, a subsidiary of the Spanish group Vidrala, which manufactures glass bottles and markets them throughout Europe. Financial terms were not disclosed. “With the commissioning of a powerful new ultra-modern plant in Guadalajara, Mexico in June 2018, Saverglass significantly enlarged its footprint on the American continent, leading to consolidated sales this year that have topped the symbolic milestone of $550m,” Régis Maillet, Saverglass Group Marketing Director.

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