Verrissima Group welcomes new investments from CARVEST, Bpifrance, and Groupe ILP to accelerate its growth and modernization, marking a significant milestone in its century-long legacy in the decorative glass industry.

Target Information

Verrissima Group, a prominent player in the decorative glass industry in France, is embarking on a new phase of development following its decision to expand its capital by welcoming Crédit Agricole Régions Investissement (CARVEST), Bpifrance, and Groupe ILP as minority shareholders. The primary objective of this transaction is to accelerate the company's growth trajectory. Established in 1923 in Meisenthal, Lorraine, the company has evolved significantly since Jean-Louis and Elisabeth Metz took over the Miroiterie Burgun in 1985, leading to the establishment of Verrissima Group by their children, Jonathan and Samuel Metz.

Verrissima Group is distinguished by its unique positioning in the market, leveraging both traditional and advanced glass-manufacturing techniques. With a diverse range of products in insulation, decoration, and safety, the company is the sole operator in the Northeast quarter of France that possesses a comprehensive mastery of flat glass transformation. In 2022, the group reported a revenue of nearly €30 million, employs around 200 staff, and operates six subsidiaries specializing in various aspects of glass production and distribution.

Industry Overview

The decorative glass industry in France, where Verrissima Group operates, reflects strong growth potential driven by rising demand in both the residential and commercial sectors. The trend towards aesthetic improvements in buildings has seen an increase in t