Portuguese tableware producer Vista Alegre Atlantis is considering the sale of its Crisal and Cerisol units, it was reported on 3 May 2004. No financial details were available.
The sale of the two co…
Portuguese tableware producer Vista Alegre Atlantis is considering the sale of its Crisal and Cerisol units, it was reported on 3 May 2004. No financial details were available. The sale of the two companies could help reduce the company“s EUR 145 million (USD 173.7 million) debt. The company chairman, Bernardo Vasconcelos e Souza, said that the two firms were very profitable and generated significant cash-flow. Crisal makes a range of products including table and giftware. Crisal is based in Marinha Grande, in central Portugal. Cerisol, based in Gaia, northern Portugal, produces ceramic insulators.