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Durobor boss takes majority stake

Michel Durant, CEO of Belgian glassware manufacturer Durobor, will purchase 51% of the company“s shares for an undisclosed sum, it was reported on 30 August 2005.
The remainder of the shares are hel…

Michel Durant, CEO of Belgian glassware manufacturer Durobor, will purchase 51% of the company“s shares for an undisclosed sum, it was reported on 30 August 2005. The remainder of the shares are held by Sadetam, owned by Walloon regional investment fund SRIW. Durobor, set up in 1928, is headquartered in Soignies, southeastern Belgium. The company recently celebrated its 75th anniversary. The company makes drinking and dessert glasses, according to the company website.

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