Adamant buys Glaverbel“s Russian glass business

Adamant, based in St-Petersburg, has bought a Russian glass package business from Glaverbel, which includes seven small production units of glass packaging and tempered glass all across Russia, one in…

Adamant, based in St-Petersburg, has bought a Russian glass package business from Glaverbel, which includes seven small production units of glass packaging and tempered glass all across Russia, one in Nizhniy Novgorod. The deal was valued at over EUR 20 million. Glaverbel entered the Russian market in 1997 by purchasing automotive and sheet (float) glass producer Borsk Glass Plant.