(AOF) – Verallia has entered into an agreement with the Santaolalla group to acquire five of its cullet processing centers, both in the flat glass sector intended for industry and in that of hollow glass. In Spain and Portugal, Verallia has finalized the acquisition of three companies: Ecosan Ambiental, Ecolabora and Vidrologic. With the acquisition of Ecosan, the French group now has four additional cullet processing centers, one located in Quer (Guadalajara), two in Burgos and one in Torrelavega (Santander).
With the acquisition of Ecolabora, Verallia intends to invest even more within the glass recycling chain by becoming a player in the logistics of collecting used glass, a central stage of the
Finally, with Vidrologic, Verallia acquires another flat glass processing center, located in Anadia, Portugal.
“The main objective of these investments is to pursue Verallia’s ambition to maximize the use of cullet in its production process and to achieve its objective of reducing CO2 emissions, the first major milestone of which is a reduction of 46 % of emissions by 2030 compared to 2019,” explained the producer of glass packaging for drinks and food products.
© 2023 Agence Option Finance (AOF) – All reproduction rights reserved by AOF. AOF collects its data from the sources it considers the safest. However, the reader remains solely responsible for their interpretation and use of the information made available to them. The reader must therefore hold AOF and its contributors harmless from any claim resulting from this use. Agence Option Finance (AOF) is a brand of the Option Finance group
Did you like this article ? Share it with your friends using the buttons below.
