$VRLA (+2.4%) is up 14% in today's session following rumors of privatization and full sale by the billionaire Moreira Salles family, which owns 30% of the company. There are rumors that they plan to privatize the company and close it to trading due to its possible negative evolution in the future.
It is a stock that I currently have in my portfolio, which can be liquidated if the sale is carried out and my position in it would disappear. Is there anyone with experience in this type of operations? Should I keep the stock or is it advisable to sell it myself? Thank you all.
$VRLA (+2.4%) opened a position here recently. Verallia is a leading manufacturer of glass packaging for food and beverage products, headquartered in France. They play a vital role in the supply chain for major consumer brands. They are the biggest in Europe, and third in the world in what they do.
Reasons for Bullishness:
Strong industry position: Verallia is a dominant player in the glass packaging market, benefiting from economies of scale and brand recognition.
Essential good: Glass packaging remains the preferred choice for many food and beverage products due to its durability, safety, and sustainability advantages.
Growth potential: Rising demand for premium packaging and Verallia's expansion plans in emerging markets could fuel future growth.
I've worked in the beverage industry for a long time, glass will die out sooner or later in the beverage industry. For example, you can load 40 trucks with PET bottles and then you only need one truck to bring back the bottles to the recycling plant
