Verallia Acquires Allied Glass from Sun European Partners
November 2, 2022
Verallia has signed a binding agreement to acquire 100% of Allied Glass, a UK-based premium glass packaging manufacturer headquartered in Leeds, from an affiliate of Sun European Partners LLP. The enterprise value of the deal is approximately £315 million, with Verallia financing it using existing cash and targeting completion by mid-November 2022.
- Buyers
- Verallia, Affiliate of Sun European Partners LLP (seller)
- Targets
- Allied Glass
- Sellers
- Sun European Partners LLP affiliate, Sun Capital Partners, Inc. (affiliate/ownership context)
- Industry
- Manufacturing
- Location
- West Yorkshire, United Kingdom
- Transaction Type
- Buyout
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