Paris, October 29, 2015 -Saint-Gobain today announced the closing of the sale of Verallia to Apollo Global Management LLC and Bpifrance, who now hold respectively 90% and 10% of Verallia’s equity.

With its new shareholders, Verallia is now a fully stand-alone manufacturing group, totally dedicated to glass packaging. This is a new chapter in the long history of the company, which has developed its glass expertise since 1827 and that, over the years reinforced its sales and operations network through new locations in Western Europe, Eastern Europe, South America and North Africa.

Today, the French Group whom headquarters stays in France rely on 10,000 employees to serve over 10,000 customers worldwide. Verallia is notably world leader on the wines, spirits and food markets, and is also a major player in the beer segment in a number of countries such as Germany and Brazil.

In the words of Jean-Pierre Floris, Verallia’s Chairman and CEO: “I am pleased to be able to count on the backing of our new shareholders for the implementation of our strategic goals and Verallia’s growth. Our priority remains the search for operational excellence, to offer our customers an exemplary level of quality and service. We will continue our investment policy to develop our plants alongside our markets and continue increasing our team’s glassmaking expertise. We are lucky to work from glass, an exceptional material which is the benchmark for food safety and sustainability and we will remain in the forefront in terms of innovation.”

Robert Seminara, Senior Partner at Apollo, and Jean-Luc Allavena, Operating Executive at Apollo, said: We are extremely excited to be acquiring Verallia, which is an outstanding franchise and one of the world’s leading packaging companies. We look forward to partnering with management and its tremendous employee base to support the continued growth and innovation of Verallia.”

Bertrand Finet, Executive Director of Bpifrance Investissement Mid & Large Cap said: "We are delighted to invest in Verallia and strengthen its French base and its development. We are excited to invest alongside Apollo, with whom we already have successfully worked in the recent past, and to support the management team and employees of Verallia. We fully trust that they will implement the group's ambitious industrial project”.

About VERALLIAVerallia is one of the world’s top three manufacturers of glass packaging for food and beverages, and proposes innovative, customized and environmentally-friendly solutions. Verallia produced around 15 billion glass bottles and jars in 2014. Verallia’s business model is based on combining the strength of its global network (manufacturing operations in 13 countries, sales locations in 45 countries with 6 development and innovation technical centers) and local customer relationships in all regions. In 2014, Verallia achieved net sales of €2.4bn. For more information:

ABOUT APOLLOApollo is a leading global alternative investment manager. Apollo had assets under management of approximately $162 billion as of September 30, 2015 in private equity, credit and real estate funds invested across a core group of nine industries where Apollo has considerable knowledge and resources, including the packaging and materials sectors. Apollo has a strong track record in France based on investments in major industrial companies such as Monier, Constellium and Latecoere. For more information about Apollo, please visit

ABOUT BPIFRANCEEquity investments are operated by Bpifrance Investissement. Bpifrance, a subsidiary of the French State and the Caisse des Dépôts and the entrepreneurs’ trusted partner, finances businesses from the seed phase to IPO, through loans, guarantees and equity investments. Bpifrance also provides operational services and strong support for innovation, export, and external growth in parnertship with Business France and Coface. Bpifrance offers businesses a large range of financing opportunities at each key step of their development, including offers adapted to regional specificities. With its 42 regional offices (90% of decisions are made locally) Bpifrance represents a strategic tool for economic competitiveness dedicated to entrepreneurs. Bpifrance acts as a back-up for initiatives driven by the French State and the Regions to tackle 3 goals: contributing to SME’s growth, preparing tomorrow’s competitiveness and contributing to the development of a positive entrepreneur ecosystem. With Bpifrance, businesses benefit from a powerful, efficient and close representative, to answer all their needs in terms of financing, innovation and investment. For more information:  – Follow us: @bpifrance.