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New Deal


Announced

Sun European Partners to acquire Vetrerie Riunite.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Glass

Private

Italy

glass manufacturer

Acquisition

Friendly

Private Equity

Majority

Pending

Single Bidder

Synopsis

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Sun European Partners, a private equity firm, agreed to acquire Vetrerie Riunite, a producer of technical glass and refractory rollers. Financial terms were not disclosed. “Vetrerie Riunite’s advanced technology, newly renovated production facilities, highly efficient propriety processes and best in class product offering have allowed the business to build a highly attractive position within its core markets. Vetrerie Riunite has deep, longstanding and collaborative relationships with all its key clients and is positioned well for future success. We look forward to working with the excellent management team to accelerate the Company’s profitable growth,” Mark Corbidge, Sun European Partners Managing Director.

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