M&A Deal Summary

O-I Glass Acquires Companhia Industrial de Vidros S.A.

On September 1, 2010, O-I Glass acquired packaging company Companhia Industrial de Vidros S.A.

Acquisition Highlights
  • This is O-I Glass’ 2nd transaction in the Packaging sector.
  • This is O-I Glass’ 1st transaction in Brazil.

M&A Deal Summary

Date 2010-09-01
Target Companhia Industrial de Vidros S.A.
Sector Packaging
Buyer(s) O-I Glass
Deal Type Add-on Acquisition

Target

Companhia Industrial de Vidros S.A.

Recife, Brazil
Companhia Industrial de Vidros S.A., is a glass container producer in northeastern Brazil.

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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 2 of 7
Sector: Packaging M&A 2 of 4
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Brazil M&A 1 of 1
Year: 2010 M&A 1 of 1
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-26 VDL Co.

France

VDL Company is a single-furnace glass container plant in Vergeze, France. The Vergeze plant is located near the Nestle Waters' Perrier bottling facility and has a long-standing supply relationship with Nestle Waters.

Buy -