Saverglass designs, manufactures and decorates glass bottles and decanters for manufacturers of premium spirits and fine wines.

With 2010 turnover of EUR280m, Saverglass produces over 300,000 tons of glass on a yearly basis and has five furnaces at three production facilities in France (Feuquieres, the group’s headquarters, Le Havre and Arques), as well as two decoration plants.

Saverglass was acquired from the Desjonqueres family in November 2006 by a consortium of financial investors led by NiXEN, which owns more than 60% of the capital, supported by Credit Agricole Private Equity with 20%.

The sale is subject to authorization from the relevant authorities and is expected to be finalized by end of June.