Sun European Partners has agreed to acquire Vetrerie Riunite S.p.A., a leader in technical glass production, aiming to leverage its advanced technology and strong market relationships for future growth.

Target Information

An affiliate of Sun European Partners, LLP, has announced an agreement to acquire Vetrerie Riunite S.p.A., commonly referred to as VR Group. The company is a prominent producer of technical glass and refractory rollers, leading the global market in washing machine windows. Founded in 1905 and headquartered in Colognola ai Colli, Italy, Vetrerie Riunite has established itself with strong long-term relationships with major international white goods and home appliance manufacturers, as well as significant connections within the ceramic tiles market.

In addition to its core business in washing machine windows, VR Group also specializes in high-quality glass tableware and refractory rollers utilized in the production of ceramic tiles and slabs. This diverse portfolio allows the company to serve a wide range of customers across different segments, reinforcing its competitive position in the industry.

Industry Overview in Italy

The glass manufacturing industry in Italy is characterized by a rich tradition and advanced technology, particularly in sectors like technical glass and ceramics. Italy's strategic location in Europe provides access to major markets, facilitating trade and