BWGI (Brasil Warrant Gestão de Investimentos Ltda) has successfully completed the initial phase of its voluntary public tender offer for Verallia shares, solidifying its position as the controlling shareholder. Following the initial offer period, BWGI now holds 84,937,142 shares, representing 70.31% of Verallia’s share capital and 62.81% of voting rights.
The offer, which closed on July 25, 2025, saw 50,097,577 Verallia shares tendered, amounting to 41.47% of the company’s share capital. The successful tender enables BWGI to steer Verallia’s strategic direction, particularly emphasizing innovation and the energy transition, key drivers in the sustainable development of the glass packaging industry.
Verallia is a global leader in the glass packaging sector, specializing in the production of glass bottles and jars for beverages and food markets. The company’s focus on sustainable glass solutions aligns closely with BWGI’s intent to foster long-term value creation through innovation and environmentally responsible practices.
The settlement and delivery of the initial offer shares will occur on August 1, 2025. To provide further opportunity for shareholders to participate, the offer will reopen for an additional 10 trading days under the same financial terms, an offer price of €28.30 per share, allowing shareholders who did not participate initially to tender their shares.
This strategic acquisition signals BWGI’s commitment to supporting Verallia’s position at the forefront of the glass industry, particularly in advancing energy-efficient manufacturing and eco-friendly packaging solutions. Official documentation and notices regarding the offer are available on Verallia’s and the French Financial Markets Authority (AMF) websites.
Sources: Verallia with additional information added by Glass Balkan