Announced
Completed
Financials
Sources
Tags
Brazil
packaging company
Containers and Packaging
Acquisition
Cross Border
Majority
Private
Completed
Friendly
Single Bidder
Synopsis
Vidrala, a glass container manufacturing company, completed the acquisition of the remaining 71% stake in Vidroporto, a packaging company, for $360m. "We continually analyze and assess the different opportunities that arise in the various markets. This strategic move lays the foundations to establish a platform for the future, in regions that show promising potential for the growth of our people and our project," Gorka Schmitt, Vidrala CEO.
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