M&A Deal Summary

O-I Glass Acquires BSN Glasspack SA

On February 18, 2004, O-I Glass acquired packaging company BSN Glasspack SA from Glasspack Participations for 1.2B EUR

Acquisition Highlights
  • This is O-I Glass’ 1st transaction in the Packaging sector.
  • This is O-I Glass’ 2nd largest (disclosed) transaction.
  • This is O-I Glass’ 1st transaction in France.

M&A Deal Summary

Date 2004-02-18
Target BSN Glasspack SA
Sector Packaging
Buyer(s) O-I Glass
Sellers(s) Glasspack Participations
Deal Type Divestiture
Deal Value 1.2B EUR

Target

BSN Glasspack SA

France
BSN Glasspack SA is a glass container manufacturer in Europe with manufacturing facilities in France, Spain, Germany and the Netherlands.

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Buyer(S) 1

Buyer

O-I Glass

Perrysburg, Ohio, United States

Category Company
Founded 1903
Sector Packaging
Employees21,000
Revenue 6.5B USD (2024)
DESCRIPTION
Entrance to Owens-Illinois' corporate headquarters in Perrysburg, Ohio.
Entrance to Owens-Illinois' corporate headquarters in Perrysburg, Ohio.

O-I Glass is a global glass container manufacturing company. The Company competes in the glass container segment of the rigid packaging market and is the leading glass container manufacturer in most of the countries where it has manufacturing facilities. O-I Glass was founded in 1903 and is based Perrysburg, Ohio.


DEAL STATS #
Overall 1 of 7
Sector: Packaging M&A 1 of 4
Type: Divestiture M&A Deals 1 of 4
Country: France M&A 1 of 2
Year: 2004 M&A 1 of 1
Size (of disclosed) 2 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-01 OI Plastic Products FTS

Toledo, Ohio, United States

O-I Plastics is a manufacturer of rigid plastic healthcare packaging and plastic closure systems.

Sell $1.8B

Seller(S) 1

SELLER

Glasspack Participations

France

Category Company
Sector Packaging
DESCRIPTION

Glasspack Participations, a packaging company.


DEAL STATS #
Overall 1 of 1
Sector: Packaging M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: France M&A 1 of 1
Year: 2004 M&A 1 of 1
Size (of disclosed) 1 of 1