Investindustrial Acquires Majority Stake in Eurovetrocap

Investindustrial has announced that it has agreed to acquire a majority stake in Eurovetrocap. The packaging company’s founders, the Cattaneo family, will retain a minority stake and its existing management team will remain in place.

Financial terms of the transaction have not been disclosed. Eurovetrocap will be combined with Investindustrial’s Virospeck to create a highly diversified cosmetics packaging platform with combined revenues of more than €120 million.

Andrea Bonomi, Chairman of Investindustrial’s Advisory Board, explained: “This strategic partnership significantly enhances our position in the sector, creating a diversified and balanced group. By leveraging the combined strengths of Virospeck and Eurovetrocap, they will expand market coverage, strengthen relationships with leading beauty brands and open up new avenues for innovation and cross-selling.”