Ethica Corporate Finance advised Alto Partners SGR in the acquisition of Virosac
Ethica Corporate Finance advised Alto Partners SGR in acquiring control of Virosac through a management buy-in operation.
Virosac, based in the province of Treviso, produces bags for waste and for food storage. In 1990, it was the first company to obtain the license for use of Novamont’s MaterBi biopolymer and from the end of the ‘90s it obtained important certifications testifying the attention to biodegradability and compostability of used materials.
The entry of Alto Partners SGR aims to support the company in its growth strategy in Italy and abroad and to pursue the enhancement and strengthening of the current management team.