The transaction will involve a total consideration of approximately US$1.7 billion.
VNA, which has its headquarters in Muncie, Indiana, is the second largest glass container manufacturer in the US, serving the North American wine, food and beverage industries.
It produces about 9 billion containers annually from its 13 facilities located throughout the United States and employs approximately 4,400 people.
VNA has annual revenues of approximately US$1.6 billion (€1.2 billion).
