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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.
Expanding Verallia’s premium capabilities and geographic footprint in Northern Europe
With more than 150 years of glass-making expertise each, both groups share the same strong values – especially care for customers and teamwork – that guide and inspire their behavior. This acquisition will enable Verallia to benefit from Allied’s expertise in premium glass bottles, specifically in the Scotch Whisky and Gin sectors, and from its established position in the UK market.
With this transaction, Allied Glass will integrate an international group, European leader in the glass containers for the food and beverage sector, which will allow it to take advantage of its expertise and its long-term vision.