Frigoglass Group has agreed to sell its entire stake in Beta Glass Plc and other Nigerian operations to Helios Investment Partners for up to €100 million.

The deal includes glass container manufacturing, plastic crates, and metal crown production across West and Central Africa. Completion is expected in early 2026, pending regulatory approvals.

Frigoglass said operations at Beta Glass will continue normally during the transition. The sale is part of the company’s financial restructuring to strengthen its balance sheet and meet upcoming debt obligations.

For Helios, the acquisition strengthens its footprint in West Africa’s glass packaging sector. Visit www.jocomms.com for more news.