Egyptian Glass Container Acquisition Finalised

MEG Misr Glass SAE, a subsidiary of Middle East Glass Manufacturing Co, has completed its acquisition of Egypt's second largest glass container producer, Misr Glass Manufacturing Co. MEG is a diversified packaging group which includes Middle East Glass and Wadi Glass, which already maintain a combined annual production capacity of 237,000/tpa. The addition of Misr Glass Manufacturing to the group's portfolio adds a further 141,000/tpa in flint, amber and green.