Luxury Cosmetic Solutions Investments, owner of Virospack and independently managed investment subsidiary of Investindustrial Growth III SCSp, has acquired a majority of Eurovetrocap S.p.A., a leading value-added cosmetics packaging integrator.
Eurovetrocap was founded in 1983 and is headquartered in Trezzano sul Naviglio (Milan, Italy). The company is active in the development, finishing, and distribution of glass, plastic, and aluminum primary packaging for the skincare, make-up, and pharmaceutical markets.
Eurovetrocap’s founding Cattaneo family will retain a minority stake in the company, and the existing management team will remain in place.
Andrea C. Bonomi, Chairman of Investindustrial’s Advisory Board, said,
“We are very pleased to welcome Eurovetrocap into our platform for cosmetics packaging. This strategic partnership significantly enhances our position in the sector, creating a well-diversified and balanced group. By leveraging the combined strengths of both Virospack and Eurovetrocap, they will expand the market reach, strengthen relationships with leading beauty brands, and unlock new avenues for innovation and cross-selling.”
Eurovetrocap is a transformational add-on for Luxury Cosmetic Solutions, and with Virospack, creates a highly diversified cosmetic packaging platform.
Eurovetrocap’s and Virospack’s sales forces will enhance market reach, deepening relationships with both major beauty groups and independent brands while achieving an ideal mix between luxury and masstige.
The partnership opens more cross-selling and joint product development opportunities, including pumps, molded glass, and mold manufacturing.
Eurovetrocap was founded in 1983 and is headquartered in Trezzano sul Naviglio (Milan, Italy). The company is active in the development, finishing, and distribution of glass, plastic, and aluminum primary packaging for the skincare, make-up, and pharmaceutical markets.
Eurovetrocap’s founding Cattaneo family will retain a minority stake in the company, and the existing management team will remain in place.
Andrea C. Bonomi, Chairman of Investindustrial’s Advisory Board, said,
“We are very pleased to welcome Eurovetrocap into our platform for cosmetics packaging. This strategic partnership significantly enhances our position in the sector, creating a well-diversified and balanced group. By leveraging the combined strengths of both Virospack and Eurovetrocap, they will expand the market reach, strengthen relationships with leading beauty brands, and unlock new avenues for innovation and cross-selling.”
Eurovetrocap is a transformational add-on for Luxury Cosmetic Solutions, and with Virospack, creates a highly diversified cosmetic packaging platform.
Eurovetrocap’s and Virospack’s sales forces will enhance market reach, deepening relationships with both major beauty groups and independent brands while achieving an ideal mix between luxury and masstige.
The partnership opens more cross-selling and joint product development opportunities, including pumps, molded glass, and mold manufacturing.
Read Next
Virospack Launches New User-Friendly Website
