2025/12/11
Vidrala reaches an agreement to enter the Chilean market
- Vidrala has signed a binding agreement for the acquisition of Cristalerías Toro, a company specialising in the production and sale of glass containers in Chile.
- The transaction represents a new strategic step for Vidrala, driving its growth, enhancing its geographical diversification and strengthening its business platform in Latin America.
- The group expects to maintain a solid financial position, with consolidated net debt consistently below 0.5 times annual EBITDA following completion of the transaction, which is scheduled for early 2026.
Llodio, 11 December 2025.- The Vidrala group, a leading company in the manufacture of glass containers, has signed a binding agreement for the acquisition of 100% of the share capital of the Chilean company Cristalerías Toro, a glass container manufacturer located in the metropolitan area of Santiago de Chile. The glassmaker serves a wide range of customers in the food and beverage segments, many of them global and complementary to Vidralas’s commercial base.
This acquisition is part of Vidrala’s internationalisation strategy, through which the company maintains significant positions in Southern Europe, the United Kingdom and, since 2023, in Brazil. With this new transaction, Vidrala would strengthen its presence in Latin America with an industrial base in Chile, a country with a strong industrial tradition in the agri-food and beverage sectors and a market characterised by the presence of strategic customers for the group.
The transaction, valued at approximately 77 million euros, is subject to the fulfilment of certain conditions that are key to the rollout of the group’s industrial model. Following completion of the transaction, scheduled for early 2026, the company expects to maintain a solid financial position, with consolidated net debt consistently below 0.5 times annual EBITDA.
Vidrala acknowledges the track record, commitment and quality of the work that the shareholders and teams of Cristalerías Toro have demonstrated over the years, and relies on them to lay the foundations for a future project aligned with the challenges and opportunities of the sector.