Orora to buy high-end French glass maker for billions
Packaging manufacturer Orora will acquire French glass bottle manufacturer Saverglass from U.S. private equity group Carlyle Group for $2.16 billion. Saverglass manufactures premium and ‘ultra-premium’ glassware for high-end wine and spirit makers, such as Hennessy and Grey Goose. “We are extremely pleased to welcome Saverglass into the Orora Group,” Orora CEO Brian Lowe says. “This…
