Fausto Rinallo
Ethica Group
Vetroelite
Deal Type
Company sale
Sector
Industrials
Completion Date
28th October 2021
Deal Value
Not disclosed
Company Background
Founded in 1994, Vetroelite designs and distributes an exclusive variety of high-end glass packaging for various sectors, including spirits, gourmet foods, home fragrances, wine and cosmetics. Vetroelite has a solid global presence, with numerous offices in Europe and North America, serving customers in over 90 countries.
Deal Summary
Ethica Corporate Finance advised LBO France and the other Vetroelite shareholders in the sale of the company to the American group TricorBraun, the largest primary packaging distributor in North America. The founder and the entire management team will continue to lead the company in the new course alongside TricorBraun.
Value Added
Ethica supported both shareholders and management in identifying the best solution not only to fulfil sellers’ expectations, but also and moreover, by scouting for the best partner to back the Group and the management team going forward in their ambitious further growth plans.
