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On April 6, 2011, Vitro America announced that it, Super Sky Products, and two related
U.S. subsidiaries of our Mexican parent company, Vitro, S.A.B. de C.V., entered
into an agreement to be sold to an affiliate of Grey Mountain Partners, LLC, a private
equity firm based in Boulder, CO.
In order to implement the sale, Vitro America, Super Sky and the two other subsidiaries
are entering the Chapter 11 legal process. We plan to emerge from this process with
a new owner within 60 to 90 days.
Vitro America and Super Sky are conducting business as usual and expect to continue
to do so throughout the sale process.
Based on the expectation of continued litigation related to the Vitro SAB bonds,
we determined that a sale of substantially all of the assets of Vitro America and
Super Sky is in the best interest of these businesses and all of their stakeholders.
More information about this announcement is available at the following links:
Press Release:
Information for Customers:
Information for Suppliers:
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