Visabeira Industria SGPS SA acquired additional 8.2% stake in Vista Alegre Atlantis, SGPS, S.A. from Portugal Capital Ventures - Sociedade de Capital de Risco, S.A.
January 03, 2018
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Visabeira Industria SGPS SA acquired additional 8.2% stake in Vista Alegre Atlantis, SGPS, S.A. (ENXTLS:VAF) from Portugal Capital Ventures - Sociedade de Capital de Risco, S.A. on January 4, 2018. Post-completion, Visabeira Industria SGPS SA holds 90.48% stake in Vista Alegre Atlantis, SGPS, S.A.
Visabeira Industria SGPS SA completed the acquisition of additional 8.2% stake in Vista Alegre Atlantis, SGPS, S.A. (ENXTLS:VAF) from Portugal Capital Ventures - Sociedade de Capital de Risco, S.A. on January 4, 2018.
VAA-Vista Alegre Atlantis, SGPS, SA specializes in the manufacturing and marketing of ceramic and crystal products. Net sales break down by family of products and services as follows:
- stoneware sets (43.5%);
- porcelain items (34.8%);
- earthenware products (11%);
- handcrafted crystal and glass products (10.7%).
Net sales are distributed geographically as follows: Portugal (28%), the Netherlands (13.1%), France (10.2%), Spain (9.9%), Germany (7.4%), Italy (5.3%), the United Kingdom (3.1%), Belgium (2.5%), Europe (7.4%), the United States (4.4%), Brazil (3.3%) and other (5.4%).
Visabeira Industria SGPS SA acquired additional 8.2% stake in Vista Alegre Atlantis, SGPS, S.A. from Portugal Capital Ventures - Sociedade de Capital de Risco, S.A.