Sangalli Vetro has been taken over by Sisecam

Date: 12 October 2016
Source: glassonweb.com
Sangalli has been taken over by Sisecam
Photo source
sangalligroup.com

Date: 12 October 2016

With an offer of 90M euros, Sisecam won against Guardian

As we reported on June 6, 2016, in the article “Guardian or Sisecam? Who will be the new owner of Sangalli?”, Sisecam offered 90 million euros to acquire the float glass plant of San Giorgio di Nogaro (Italy). 

Now it is official: The Court of Udine (Italy) accepted the offer from Sisecam, which was impressively higher than the 54 million euros offered by Guardian.

At the end of October, the property transfer transaction will be completed and Sisecam Flat Glass Italia, the Italian subsidiary of Sisecam Group, will be the new owner of Sangalli Vetro Porto Nogaro. 

With this operation Sisecam will consolidate its presence in Europe, maintaining the second position after Saint Gobain Glass in the European flat glass market.

More details on this operation will be available on our pages in the coming weeks.

600450 Sangalli Vetro has been taken over by Sisecam glassonweb.com

Others also read

The 15th Edition of Glass South America opened on June 12, 2024, in São Paulo, Brazil, running until June 15. This year, the event will highlight "Made in Italy," featuring GIMAV and Italian companies under the new banner of "Italian Glass Excellence."
We are thrilled to announce that Helantec GmbH is now the official partner for Sparklike in Germany.
The theme of GPD 2025 is “Glass - The In/Visible impact”, aiming to deepen the understanding of glass’s diverse role and its significance in a global context.
FIT Show organisers are celebrating after receiving two prestigious awards shortlistings for its ten-year anniversary campaign for FIT Show 2023.
The deadline for submissions for the new edition of these awards, which recognise professionals in the window, façade and solar protection sector, is now open.
LiSEC is excited to announce the launch of their new podcast, LiSTEN LiSEC! This engaging series delves into the ever-evolving world of flat glass processing.

Add new comment

From industry

Via Del Lavoro Snc
64023 Mosciano Sant’Angelo TE
Italy

İçmeler Mah. D-100 Karayolu Cad. No:44A,
34947 Tuzla,/İstanbul
Turkey

Via per Monastier, 4
31056 Vallio di Roncade TV
Italy

NEWS RELATED PRODUCTS

Adelio Lattuada S.r.l.
Officina Meccanica Schiatti Angelo S.r.l.