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Completed the acquisition of Nueva Fábrica Nacional de Vidrio, S. de R.L. de C.V. from Grupo Modelo.
July 2, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Owens-Illinois, Inc. (O-I) announced it has completed the acquisition of Nueva Fábrica Nacional de Vidrio, S. de R.L. de C.V. from Grupo Modelo, a wholly owned affiliate of Anheuser-Busch InBev SA/NV (Euronext: ABI) in a transaction valued at approximately US$188 million. The Nueva Fanal facility is located near Mexico City, Mexico. Currently, this plant has four furnaces to produce and supply approximately 300,000 tons of glass containers annually for Grupo Modelo brands serving the local and...
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