Vitro to Acquire $310 Million Glass Manufacturing Operations from LKQ
December 19, 2016
Cleary Gottlieb is representing Vitro in a definitive agreement to acquire Pittsburgh Glass Works LLC automotive OEM glass business from LKQ Corporation for $310 million.
Vitro is acquiring seven manufacturing plants, two satellite facilities and two flat glass furnaces in the United States; one manufacturing plant in Poland; and an equity share in two joint ventures located in North America and China.
Vitro is a leading North American glass producer headquartered in Mexico. LKQ Corporation is a U.S. auto parts company.