European Commission clears Verallia glass acquisition by Apollo

By Jenny Eagle contact

- Last updated on GMT

Related tags: European union

Commission clears acquisition of Verallia by Apollo
The European Commission has approved under the EU Merger Regulation the acquisition of Verallia by Apollo Management of the US. Verallia is formed by a group of companies that manufactures and supplies glass bottles and jars for the food and beverage industries worldwide.

Before the transaction, Verallia belonged to Compagnie de Saint-Gobain of France. Apollo Management is a private equity firm.

The Commission concluded the proposed acquisition would not raise competition concerns, in particular because there are no overlaps between the activities of Apollo Management and its portfolio companies and those of Verallia.

The transaction was examined under the simplified merger review procedure.

Related news

Show more

Related products

show more

Understand consumer perceptions on tethered caps

Understand consumer perceptions on tethered caps

Sidel Group | 19-Aug-2021 | Research Study

Tethered caps will reduce environmental impact by keeping closures attached to bottles throughout their lifetime, including collection and recycling. Enforced...

Solutions for Citrus Flavor Stability & Shelf Life

Solutions for Citrus Flavor Stability & Shelf Life

MANE, Inc. | 01-Apr-2021 | Direct Enquiry

Thank you for your interest in MANE. Please send us a brief message using this form to learn more about our Pure Capture™ citrus technology and/or beverage...

Follow us

Products

View more

Webinars