Major Shareholders of Société Tunisienne de Verrerie (SOTUVER) Sign Share Transfer Agreement
The primary shareholders of Société Tunisienne de Verrerie (SOTUVER) signed a share transfer agreement on December 16, 2025, covering 41.28% of the company's capital. The buyer is B.A Glass BV, a company belonging to the BA Glass group, presented as a major player in the global glass packaging industry. Following this transaction, the BA Glass group will hold, together with the Compagnie Financière d'Investissement and other entities of the BAYAHI group, a total stake of 82.56% in SOTUVER's capital. Prior to this transfer, the BAYAHI consortium already held 82.56% of the capital, indicating a rearrangement of shares within the controlling block. According to the official statement, this operation results from a strategic review of the company's shareholders. It aims to support SOTUVER's long-term development, strengthen its financial structure, and promote its growth prospects. The effective completion of the transfer remains subject to the lifting of usual suspensive conditions, including the obtaining of necessary regulatory approvals. SOTUVER has committed to informing the market of any significant developments regarding this operation, in compliance with current regulations.
