Teak Capital and Tangor Capital to acquire Vetrerie Riunite from Sun European Partners.

Teak Capital, a private investment corporation, and Tangor Capital, a private equity firm, agreed to acquire Vetrerie Riunite, a high-quality glass washing machine windows producer, from Sun European Partners, a private investment advisory firm. Financial terms were not disclosed. “Our collaboration with Sun European has been a great success. Our shared values ​​and clear, customer-focused strategy, combined with Sun European's knowledge and deep operational experience, have enabled us to transform and further grow the business. We look forward to collaborating with Teak Capital and Tangor Capital, who also bring extensive experience and an impressive track record as investors and operators, and with whom we set out to lead a new phase of growth for VR Group,” Davide Vassena, Vetrerie Riunite CEO.