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Announced

Completed

Vidrala completed the acquisition of the remaining 71% stake in Vidroporto for $360m.

Financials

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Transaction Value£283m
Consideration TypeCash
Capital Owned-
Capital Bid For71%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Brazil

packaging company

Containers and Packaging

Acquisition

Cross Border

Majority

Private

Completed

Friendly

Single Bidder

Synopsis

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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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