Vitro, S.A.B. de C.V. (BMV:VITRO A) is exploring a possible sale of its glass-containers business for food and beverages, which represents almost half of its annual sales. In a filing with the Mexican stock exchange, Vitro said the possible sale would exclude cosmetics containers, as well as glass for the auto and construction industries. Vitro said a potential buyer, which it didn't identify, is conducting due diligence, and that any transaction would still require board, shareholder and other approvals.
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. 
