Bormioli Luigi has partnered with Funds advised by Triton to acquire the Pharma and Tableware business divisions of the Bormioli Rocco group.
Both business divisions will be owned and run independently of each other, as Bormioli Luigi will acquire the Tableware division and Triton will acquire the Pharma division.
Bormioli Rocco is a leading Italian tableware and pharma primary packaging manufacturer currently owned by Vision Capital. The transactions are subject to regulatory approval in the relevant jurisdictions.
Any necessary employee information and/or consultation procedures will occur in France and Italy at the appropriate time.
“With the historical acquisition of Bormioli Rocco Tableware, Bormioli Luigi will expand the perimeters of its organizational and material resources in order to develop original and virtuous ways of doing business in glass, to the advantage of client's interests leveraging on both Companies’ knowledge, culture and capabilities”, said Alberto Bormioli the President of Bormioli Luigi, the majority shareholders and founder’s son.