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In a bit of the "conquista"--but in reverse--Mexico-based Vitro, S.A. de C.V. announced it will acquire Spanish glass maker Cristalglass Vidrio Aislante, S.A.
The all-stock deal gives Vitro a controlling interest in Cristalglass, which has 30 percent market share in Spain, Portugal and France, and annual sales close to US$60 million. Terms were not disclosed.
Vitro CEO …