Saverglass Group has had an offer accepted by Spanish glass manufacturing Group Vidrala to obtain 100% of shares in its Belgian subsidiary MD Verre.
The MD Verre factory is located in Ghlin, near Mons in Belgium.
It operates two furnaces and produces 155,000 tonnes of glass a year and employs 257 people.
Saverglass’ group management has said the offer can reinforce the production capacity of its current plants, enabling them to better respond to the growing demand for high-end bottles for Wine and Spirit.
As of 10th October 2019, the Management has begun a process of consultation with the Group’s Staff Representative Bodies concerning the interest expressed in this project.