VTO Vitro Sociedad Ads

File No. 1-10905
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549




VITRO, S.A.B. DE C.V.


FORM 6-K


Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934


For the month of August, 2008

(Filed August 27, 2008)

N/A
(Translation of Registrant's Name into English)

Av. Ricardo Margain Zozaya 400
Garza Garcia, NL
66250 Mexico
(52) 8863-1200
(Address of Principal Executive Office)
 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F

Form 20-F [ X ] Form 40-F [ ]
 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 107(b)(7): [ ]

Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934

Yes [ ] No [ X ]
 

Release

Vitro and its Joint Venture Partners Set a New Closing Date for the purchase of Vitro Cristalglass' Shares

San Pedro, Garza Garcia, N.L., Mexico, August 27, 2008.- Vitro, S.A.B. de C.V. (NYSE: VTO; BMV: VITROA) announced today that its subsidiary Vimexico, S.A. de C.V. (Vimexico), in conjunction with the Prado Family members and Invergar Participaciones Inmobiliarias, S.L., its joint venture partners in its Spanish subsidiary Vitro Cristalglass, S.L. (Vitro Cristalglass), agreed to establish January 10, 2009 as the new closing date for the purchase by Vimexico of its joint venture partners' 40 percent stake in Vitro Cristalglass. The transaction is estimated at $31 million Euros.  

Vitro Cristalglass, part of Vitro's Flat Glass business unit, is the industry leader in the manufacturing, distribution and marketing of specialty glass for the construction industry in Spain and Portugal. It also participates in the French construction industry through  its subsidiary Vitro Cristaglass France.

 

Vitro, S.A.B. de C.V. (BMV: VITROA; NYSE: VTO), is one of the largest glass manufacturers in the world. Through our subsidiary companies we offer products with the highest quality standards and reliable services to satisfy the needs of two distinct business sectors: glass containers and flat glass. Our manufacturing facilities produce, process, distribute and sell a wide range of glass products that offer excellent solutions to multiple industries that include: wine, beer, cosmetic, pharmaceutical, food and beverage, as well as the automotive and construction industry. Also, we supply raw materials, machinery and industrial equipment to different industries. We constantly strive to improve the quality of life for our employees as well as the communities in which we do business by generating employment and economic prosperity thanks to our permanent focus on quality and continuous improvement as well as consistent efforts to promote sustainable development. Our World Headquarters are located in Monterrey, Mexico where Vitro was founded in 1909 and now embarks major facilities and a broad distribution network in ten countries in the Americas and Europe. For more information, you can access Vitro's Website at: http://www.vitro.com

 

 

 

For more information, please contact:

 

Media   Albert Chico Smith Roberto Riva Palacio Vitro, S. A. B. de C.V. +52 (81) 8863-1661/1689 achico@vitro.com rriva@vitro.com

Investor Relations   Adrian Meouchi/Angel Estrada Vitro S.A.B.  de C.V. + (52) 81-8863-1765 / 1730 ameouchi@vitro.com aestradag@vitro.com

U.S. Agency   Susan Borinelli / Kay Breakstone Breakstone Group (646) 330-5907 sborinelli@breakstone-group.com kbreakstone@breakstone-group.com

 

 

 

SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on it's behalf by the undersigned, thereunto duly authorized.


VITRO, S.A.B. DE C.V.

By  /s/ Claudio L. Del Valle Cabello
Name: Claudio L. Del Valle Cabello
Title: Attorney in Fact



Date: August 27, 2008

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