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New Deal


Announced

Fortessa Tableware Solutions to merge with Zwiesel Glas.

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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Glass

Germany

Pending

Friendly

Single Bidder

glass manufacturer

Cross Border

Merger

Private

Majority

Acquisition

Synopsis

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Fortessa Tableware Solutions, a designer, developer, and marketer of commercial and consumer tableware serving the commercial foodservice industry, agreed to merge with Zwiesel Glas, a glass manufacturer. Financial terms were not disclosed. "That aside from the shared vision, the partnership brings promising economic opportunities. This is even more important in such challenging times as these. Together we can offer our customers, our companies, our brands and all the people who we work with strength and security into the future," Scott Hamberger, Fortessa CEO.

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