Sun Capital's affiliate has successfully sold VR Group, a leader in glass windows for household laundry appliances, to Teak Capital and Tangor Capital, positioning the company for further growth and expansion.

Target Information

VR Group, headquartered in Colognola ai Colli, Italy, is a leading global manufacturer of glass windows specifically designed for front-load household laundry appliances. Established in 1968, VR Group has cultivated strong relationships with major international manufacturers of white goods and home appliances. In addition to its core business, the Group specializes in designing and producing molds for pressed glass and plastic injection, particularly for the automotive lighting sector.

Industry Overview

The global market for household appliances continues to experience robust growth, driven by technological advancements and increasing consumer demand for energy-efficient and sustainable products. Italy, as a key player in the European white goods market, supports a vibrant industry characterized by innovation and a commitment to quality. Major Italian manufacturers are known for their design excellence and advanced manufacturing processes, providing a competitive edge in both local and international markets.

In recent years, the household appliance industry in Italy has adapted to evolving consumer preferences, with an increased focus on smart technology and automation. Manufacturers are investing heavily in research and development to