Grupo Visabeira SGPS, S.A. acquired 4.5% stake in Vista Alegre Atlantis SGPS SA.
October 21, 2013 at 12:00 am EDT
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Grupo Visabeira SGPS, S.A. acquired 4.5% stake in Vista Alegre Atlantis SGPS SA (ENXTLS:VAF) on October 16, 2013. Under the terms of agreement, Grupo Visabeira acquired 51.8 million shares of Vista Alegre Atlantis SGPS SA.
Grupo Visabeira SGPS, S.A. completed the acquisition of 4.5% stake in Vista Alegre Atlantis SGPS SA (ENXTLS:VAF) on October 16, 2013.
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%).
VAA-VISTA ALEGRE ATLANTIS, SGPS, SA 
