Announced
Completed
Financials
Sources
Tags
Italy
Plastics
Private Equity
biodegradable plastic bags
Acquisition
Friendly
Majority
Private
Single Bidder
Completed
Synopsis
Orienta Partners, an Italian private equity firm, completed the acquisition of Virosac, bin bags manufacturer, from Alto Partners, DVR Capital, and the founding Virago and Rossetto families. Financial terms were not disclosed. Virosac is an Italian company and a market leader in the production of biodegradable plastic bags for domestic household and industrial waste.
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