Şişecam Group Acquires Second Flat Glass Manufacturing Facility in Italy

Glass Magazine
June 19, 2018
COMMERCIAL, RETAIL, FABRICATION : FLOAT GLASS NEWS

Şişecam Group acquired the Sangalli Vetro Manfredonia facility in Italy. This represents the Group’s second flat glass plant in Italy. Trakya Cam Sanayii A.Ş., a Şişecam Group company, completed the acquisition of Sangalli Vetro Manfredonia plant in Monte Sant'Angelo, Italy-based flat glass producer of Sangalli Group, for $18.1 million.

“With this acquisition, our Group, Italy's largest Turkish investor, has become one of Italy's largest flat glass producers and has strengthened its leadership in Europe,” says Ahmet Kırman, vice president and CEO, Şişecam Group.

Sangalli Vetro Manfredonia flat glass production facility, located in the southern part of Italy, has a capacity of 190 thousand tons per year, along with a laminating line with 4 million square meters per year capacity, a coating line with 4 million square meters per year capacity, and a satin coating line with 1.5 million square meters per year capacity. In 2016, Şişecam Group also acquired the Sangalli Porto Nogaro plant of Sangalli Group located in northern Italy.

Şişecam Group acquired Sangalli Vetro Porto Nogaro in 2016.