Transaction details
Verbar
Ethica Global Investments acquires Verbar
Ethica Global Investments has acquired the majority of Verbar, an Italian company specializing in the processing of packaging for high-end cosmetic items and wine & spirits.
Verbar, founded in 1970 in Cornaredo (MI), is active in the coating of glass, metal and plastic.
This acquisition adds up to V.M.C Mottini, a company active in painting, screen printing, hot stamping and sputtering in the luxury segment of packaging for perfumery and cosmetics, with the aim of creating an Italian industrial hub of reference in the manufacturing of excellence for high-end packaging. The new group is expected to reach a turnover of over € 30 million in the coming years.