Glass packaging firm Verallia plans to invest €26 million on developing its facilities in Spain and Portugal during 2016.
As reported by granconsumo.tv, the company begun a new stage of development in 2015 after it separated itself from Saint-Gobain and started functioning independently.
Following that move, Verallia now plans to stay at the top of the Iberian market for glass packaging with the modernisation of its factories in Azuqueca de Henares (Guadalajara) and Zaragoza.
Last year, global sales at the firm reached €2,400 million, with 16,000 million bottles and jars produced worldwide. In 2015, the company invested €40 million on its facilities on the Iberian Peninsula.
© 2016 European Supermarket Magazine – your source for the latest retail news. Article by Gabriela Guédez. To subscribe to ESM: The European Supermarket Magazine, click here.
