Investments

pilkington

Mid Europa, alongside Pilkington Glass, invested in the construction of a float glass plant in Russia.

 Pilkington Glass

Country: Russia
Industry: Basic Industry - Float glass
Investment Date: December 2003
Exit Date: January 2010
Fund: Fund I
Website: www.pilkington.com

In 2003, Mid Europa acquired a stake in a JV alongside Pilkington, one of the largest glass producers in the world, to build a state-of-the-art glass factory near Moscow to meet the growing demand for high quality float glass in the Western Russian market.  The plant has been in operation since early 2006, and at the time of exit had over 240,000 tons saleable capacity.

Mid Europa fully exited its investment in Pilkington in 2010.