Vicesa Acquires Share in Vidrios PanameñosVidriera Centroamericana S.A. (Vicesa), a Costa Rican glass company, acquired 35.6% of Panamanian similar Vidrios Panameños (Vipasa).Thursday, December 17, 2009
"Our investment in Vipasa will allow for greater operative synergy between both companies, further technical and administrative cooperation and to better serve a growing market. We will also make a more efficient use of our furnaces, making both companies more profitable", explained Marco Meneses, Vicesa spokesperson. Source: prensalibre.co.cr ¿Busca soluciones de inteligencia comercial para su empresa?Opportunities in Glass RecyclingOctober 2012 Nicaragua does not recycle its discarded glass, and the little that is collected is exported to three recycling plants in other Central American countries. Vicesa will Invest in Upgrading its PlantAugust 2009 The $20 million obtained through bond sales will be used to upgrade production facilities and paying short term debts. VICESA Completes $20 Million Bond IssueAugust 2009 The company, known as "Vidriera Centroamericana S.A.", obtained $20 million debt financing at the Costa Rican Stock Exchange. New Participant in the Securities MarketJuly 2009 Vidriera Centroamericana S.A. will do a public offering of $20 million in the Costa Rican Stock Exchange.
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