DHS Private Equity Trust cancelled the acquisition of Vitro, S.A.B. de C.V. (BMV:VITRO A).
January 16, 2021
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DHS Private Equity Trust (AXS) agreed to acquire Vitro, S.A.B. de C.V. (BMV:VITRO A) for approximately $1.2 billion on January 11, 2021. Simpson Thatcher acted as a legal advisor and Deutsche Bank Securities Inc. acted as a financial advisor to DHS. Santander Bank acted as a financial advisor and Ortega & Sons LLP acted as a legal advisor to Vitro.
DHS Private Equity Trust (AXS) cancelled the acquisition of Vitro, S.A.B. de C.V. (BMV:VITRO A) on January 17, 2021.
Vitro, S.A.B. de C.V. is a glass producer in Mexico. The Company, through its subsidiary companies, produces, processes, distributes and markets a range of glass products. It operates through two segments: Glass containers, which includes glass containers, precision components, as well as machinery and molds for the glass industry, and Flat glass, which includes flat glass for the construction and automotive industries, and carbonate and sodium bicarbonate. The Company's products include glass containers, float glass, automotive OEM glass, automotive replacement glass, machinery & equipment, and chemicals. It is also a supplier of raw materials, mold manufacturing, equipment and machinery, and equipment for industrial and chemicals. Through its Containers and Float Glass business units, it serves the cosmetics, perfume pharmaceutical, construction and automotive industries, as well as the chemical, machinery and equipment, and molds industries.
VITRO, S.A.B. DE C.V. 
