Verallia: purchase of Vidrala's glass activities in Italy

(CercleFinance.com) - Verallia announces that it has successfully completed the acquisition of Vidrala's glass activities in Italy for an enterprise value of 230 million euros.


Vidrala's Italian subsidiary operates from a production site in Corsico, near Milan. The two furnaces offer a production capacity of some 225Kt/year. In 2023, the company generated sales of 131 million euros and EBITDA of 33 million euros.

Verallia states that this operation demonstrates its desire to continue investing in a strategic Italian market, while developing its glass packaging offer for beverages and food products for the benefit of all its customers.

The transaction was financed by a 3-year term loan arranged with a pool of international banks.

Following this acquisition, the Verallia Group now operates 7 production sites in Italy.

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