Guardian or Sisecam? Who will be the new owner of Sangalli?

Date: 6 June 2016
Source: glassonweb.com

Date: 6 June 2016

News from Sangalli Vetro Porto Nogaro Spa. Sisecam offered 90 million euros to acquire the float glass plant of San Giorgio di Nogaro (Italy).

It is a staggering figure, far more than the 54.5 million euros offered months ago by the American Guardian.



Guardian has until June 15 to match the offer and buy the company. Sisecam submitted a complaint to the Court of Appeal of Trieste against the decree of the automatic assignment to the first bidder in the event that the first bidder matches the improved offer.



We will keep you updated on evolutions in the coming weeks.



More info about Sangalli Group on sangalligroup.com

600450 Guardian or Sisecam? Who will be the new owner of Sangalli? glassonweb.com

See more news about:

Others also read

HPDs verified for uncoated float, vacuum coated and UltraMirror® glass
Şişecam has been honored with the AI25 award, given to companies that stand out in operational efficiency, productivity, and innovation through strategic transformation tools.
During the four-day event, Şişecam will showcase its innovative solutions for visitors.
Şişecam announced its financial results for the first nine months of 2024.
Şişecam, the only global company operating in all core areas of glass, introduced its Plant of the Future platform at the Glasstec 2024 Fair.
Şişecam, one of the top five global manufacturers in both glass packaging and flat glass sectors, will participate in the 29th Eurasia Packaging Fair which will take place from October 23-26 at the TÜYAP Fair and Congress Center.

Add new comment

From industry

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