About Vitro
Vitro is a company based in Monterrey (Mexico) founded in 1909.. The company has 1,460 employees as of December 31, 2024. Vitro has completed 2 acquisitions, including PGW Auto Glass and Pittsburgh Glass Works. Vitro offers products and services including Architectural Glass, Automotive Glass, and Glass Containers. Vitro operates in a competitive market with competitors including Gold Plus, American Insulated Glass, Onyx Solar, Tecnoglass and Sejal Glass, among others.
- Headquarter Monterrey, Mexico
- Employees 1460 as on 31 Dec, 2024
- Stage Public
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Vitro Sab De Cv Class A
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Annual Revenue
$251.17 M (USD)-5.49as on Dec 31, 2024
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Net Profit
$-85.33 M (USD)-177.3as on Dec 31, 2024
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EBITDA
$25.66 M (USD)-41.91as on Dec 31, 2024
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Latest Funding Round
$500 M (USD), Debt – Conventional
Sep 23, 2016
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Investors
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Employee Count
1460
as on Dec 31, 2024
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Investments & Acquisitions
PGW Auto Glass
& 1 more
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IPO & Listings of Vitro
Vitro is a publicly listed company on the BMV with ticker symbol VITRO/A in Mexico, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Vitro
Vitro offers a comprehensive portfolio of products and services, including Architectural Glass, Automotive Glass, and Glass Containers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Glass for commercial and residential construction applications
Glass components for vehicle manufacturing and assembly
Containers for food and beverage storage solutions
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Leadership Team
22 people
Software Development Team
21 people
Sales and Marketing
7 people
Human Resources and Administration
4 people
Gerente Team
4 people
Global Team
4 people
Finance and Accounting
3 people
Data Analysis and Operations Team
3 people
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Funding Insights of Vitro
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $500.0M
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First Round
First Round
(23 Sep 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2016 | Amount | Debt – Conventional - Vitro | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Vitro
Vitro has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include PGW Auto Glass and Pittsburgh Glass Works. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Automotive glass is manufactured and supplied to OEMs and aftermarket.
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2008 | ||||
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PGW Auto Glass is recognized as a leading supplier of automotive glass and accessories.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Vitro
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vitro Comparisons
Competitors of Vitro
Vitro operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gold Plus, American Insulated Glass, Onyx Solar, Tecnoglass and Sejal Glass, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Glass products are manufactured for construction, automotive, and industrial sectors.
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| domain | founded_year | HQ Location |
Residential and commercial insulated glass is manufactured by the company.
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| domain | founded_year | HQ Location |
Photovoltaic glass is manufactured for building integration and energy generation.
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| domain | founded_year | HQ Location |
Architectural glass and insulating products are manufactured for construction sectors.
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| domain | founded_year | HQ Location |
Manufacturer of glass products
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Vitro
Frequently Asked Questions about Vitro
When was Vitro founded?
Vitro was founded in 1909 and raised its 1st funding round 107 years after it was founded.
Where is Vitro located?
Vitro is headquartered in Monterrey, Mexico. It is registered at Monterrey, Nuevo Leon, Mexico.
How many employees does Vitro have?
As of Dec 31, 2024, the latest employee count at Vitro is 1,460.
What is the annual revenue of Vitro?
Annual revenue of Vitro is $251.17M as on Dec 31, 2024.
What does Vitro do?
Vitro was established in 1909 in Monterrey, Mexico, where operations in glass manufacturing have been conducted since inception. Flat glass, containers, and automotive glass are produced by the company, serving construction, packaging, and transportation sectors. Facilities are primarily located in Mexico, with distribution extending to international markets. Focus remains on core production processes within the materials industry.
Who are the top competitors of Vitro?
Vitro's top competitors include Gold Plus, Onyx Solar and Tecnoglass.
What products or services does Vitro offer?
Vitro offers Architectural Glass, Automotive Glass, and Glass Containers.
Is Vitro publicly traded?
Yes, Vitro is publicly traded on BMV under the ticker symbol VITRO/A.
How many acquisitions has Vitro made?
Vitro has made 2 acquisitions, including PGW Auto Glass, and Pittsburgh Glass Works.
What is Vitro's ticker symbol?
The ticker symbol of Vitro is VITRO/A on BMV.
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