M&A Deal Summary |
|
|---|---|
| Date | 2016-07-21 |
| Target | PPG - Flat Glass & Glass Coatings Operations |
| Sector | Packaging |
| Buyer(s) | Vitro |
| Sellers(s) | PPG |
| Deal Type | Divestiture |
| Deal Value | 750M USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1909 |
| Sector | Manufacturing |
| Employees | 1,439 |
| Revenue | 311M USD (2023) |
Vitro is a glass manufacturer that produces, processes, distributes, and markets a wide range of glass products that are part of daily life for millions of people across the globe. The company's fundamental, integrated focus on generating new products and technologies has produced a product portfolio that spans multiple industries, including cosmetics, pharmaceuticals, automotive and commercial construction. It also is a supplier of raw materials, machinery and equipment for industrial use. Vitro was founded in 1909 and is based in San Pedro Garza García, Mexico.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 4 |
| Sector: Packaging M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 1 of 3 |
| State: Pennsylvania M&A | 1 of 2 |
| Country: United States M&A | 1 of 3 |
| Year: 2016 M&A | 1 of 2 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-07 |
Vitro - Glass Containers Food & Beverage Division
Mexico Vitro - Glass Containers Food & Beverage Division includes five Food and Beverages Glass Container manufacturing plants located in Mexico, the operations in Bolivia and the distribution of such products in the United States. |
Sell | $2.2B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-12-19 |
LKQ - OEM Glass Manufacturing Business
Chicago, Illinois, United States LKQ Corp. - OEM Glass Manufacturing Business is a manufacturer of glass. |
Buy | $310M |
PPG manufactures and distributes a broad range of coatings, specialty materials and glass products. PPG was formed in 1883 and is based in Pittsburgh, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 6 |
| Sector: Packaging M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 4 |
| State: Pennsylvania M&A | 2 of 4 |
| Country: United States M&A | 2 of 4 |
| Year: 2016 M&A | 2 of 2 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-08 |
MetoKote
Lima, Ohio, United States MetoKote provides environmentally sound and cost-effective coating solutions including equipment, coating application, and related management and support services to a wide variety of industries such as agriculture, appliance, automotive, computer, construction equipment, electrical, furniture, industrial equipment, recreational, and truck and bus. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-01 |
Deutek SA
Bucharest, Romania Deutek SA is a manufacturer and marketer of a large portfolio of well-known professional and consumer paint brands, including OSKAR and Danke!. The company’s products are sold in more than 120 do-it-yourself stores and 3,500 independent retail outlets in Romania. |
Buy | - |
