Announced
Synopsis
Anders Invest, a private equity firm, agreed to acquire European Operations of Libbey, a glass tableware manufacturer. Financial terms were not disclosed. "We believe we’ve found a good fit for our European business unit with Anders Invest, which is headquartered in the Netherlands, has a successful track record of actively managing and growing industrial companies, and intends to make future investments in the European operations. While Libbey will continue to operate as a global business, the proposed transaction paves the path for us to better leverage our core strengths and accelerate long-term, sustainable growth, while meeting the needs of customers and end users and inspiring the makers of drinks, makers of meals, and makers of memories,” said Mike Bauer, Libbey CEO.
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