The acquisition of Allied Glass, a strategic step in Verallia’s external growth, enables the Group to penetrate the UK market
Verallia, the leading European and the world’s third largest producer of glass containers for food and beverages, has completed today the acquisition of 100% of the capital of Allied Glass. The Group had announced on November 2nd the signature of a binding agreement with an affiliate of Sun European Partners LLP for the acquisition of Allied Glass.
The acquisition of Allied Glass, a strategic step in Verallia’s external growth, enables the Group to penetrate the UK market.
Headquartered in Leeds, Allied Glass is a leading player in the premium glass packaging market in the United Kingdom, where it generates over 95% of its revenues, with 4 furnaces located in West Yorkshire and around 600 employees.
Source: Company Press Release