Ardagh buys stake in Polish firm

ARDAGH GLASS has acquired a majority stake in a Polish glass manufacturer, spending €8 million in the process.

The company, which was taken private by chairman Paul Coulson two years ago, said it had bought 82.4% of the shares in Huta Szkla Ujscie (HSU).

HSU operates one glass plant with three furnaces at Ujscie, near Poznan in the western region of Poland and has approximately 13% of Polish glass container production.