09 Jul 2024 --- Verallia, the world’s third-largest producer of glass packaging for F&B products, has acquired Vidrala’s glass business in Italy, for an enterprise value of €230 million (US$248.9 million). The acquisition is financed with a three-year term loan set up with a pool of international banks. Equipped with two recently renovated furnaces, the Corsico-based plant uses modern production facilities with a capacity of 225 kilotons annually and is active in the food, beer and spirits markets.
