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PARIS, February 03, 2025--(BUSINESS WIRE)--Regulatory News:
Verallia (Paris:VRLA) takes note of BWGI's press release published today confirming that it is considering a potential tender offer for Verallia shares (without delisting). BWGI, controlled by the Brazilian Moreira Salles family, has been a shareholder of Verallia since its IPO in 2019, and is Verallia's reference shareholder, currently holding 28.8% of its share capital and 27.9% of its voting rights.
Verallia's Board of Directors will meet as soon as possible to examine the conditions and opportunity for all Verallia stakeholders of such a transaction once a proposal including detailed offer terms will be submitted by BWGI.
About Verallia
At Verallia, our purpose is to re-imagine glass for a sustainable future. We want to redefine how glass is produced, reused and recycled, to make it the world’s most sustainable packaging material. We work together with our customers, suppliers and other partners across the value chain to develop new, beneficial and sustainable solutions for all.
With almost 11,000 employees and 35 glass production facilities in 12 countries, we are the European leader and world's third-largest producer of glass packaging for beverages and food products. We offer innovative, customised and environmentally friendly solutions to over 10,000 businesses worldwide. Verallia produced more than 16 billion glass bottles and jars and recorded revenue of €3.9 billion in 2023.
Verallia's CSR strategy has been awarded the Ecovadis Platinum Medal, placing the Group in the top 1% of companies assessed by Ecovadis. Our CO2 emissions reduction target of -46% on scopes 1 and 2 between 2019 and 2030 has been validated by SBTI (Science Based Targets Initiative). It is in line with the trajectory of limiting global warming to 1.5° C set by the Paris Agreement.
Verallia is listed on compartment A of the regulated market of Euronext Paris (Ticker: VRLA – ISIN: FR0013447729) and trades on the following indices: CAC SBT 1.5°, STOXX600, SBF 120, CAC Mid 60, CAC Mid & Small and CAC All-Tradable.
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