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Expands presence in growing Mexican market.
April 2, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Owens-Illinois, Inc. (O-I) announced it has entered into a definitive agreement to acquire Nueva FÃ brica Nacional de Vidrio, S. de R.L. de C.V. (Nueva Fanal) from Grupo Modelo, a wholly owned affiliate of Anheuser-Busch InBev SA/NV. 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, which include Corona, Modelo Especial and Pacifico. The acq...
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