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Italy’s Zignago Vetro acquires Polish glass maker


2011-03-08



Zignago Vetro, an Italian manufacturer of glass containers, has paid nearly €7m for 79% of shares in Huta Szkla Czechy (HSC), a Polish glass maker based in Trabki near Garwolin (Mazowieckie voivodship).

Franco Grisan, chief executive of Zignago Vetro and new CEO of HSC, said that the acquisition would give the Polish firm access to know-how and new growth opportunities, while broadening the profile and territorial reach of the group as a whole.

HSC was founded in the 1960s. In 2010 it generated sales revenues that were up by 30% to €14m. It employs over 300 people.

Zignago Vetro has production facilities in Italy and France.



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