O-I expands relationship with Nestlé Waters
PERRYSBURG, Ohio — Glass container manufacturer Owens-Illinois announced its acquisition of a single-furnace glass container plant in France.
O-I, which announced its intent to acquire the VDL Co. plant in Vergeze, France, last November, said that purchasing the plant was the result of the company's strategic relationship with Nestlé Waters — the plant is located near Nestlé Waters' Perrier bottling facility, and has a longstanding supply relationship with Nestlé Waters.
Under the terms of the acquisition agreement, O-I will become the leading supplier of glass bottles for the Perrier brand, as well as Nestlé Waters' other water brands worldwide.
"As a result of this deeper strategic relationship with Nestlé Waters, O-I has the opportunity to support some of the preeminent brands in the water segment and reinforce glass' position in this important category," O-I Europe president Jose Lorente said.