Transaction
Transaction Details
Closed
October 9, 2019
Sector
Industrials and Industrial Technology, Business Services
Deal Type
Mergers and Acquisitions
GCA Advises the Shareholders of Virosac on the Sale to Orienta Partners and Indigo Capital
GCA acted as exclusive M&A advisor to the shareholders of Virosac on the sale of the company in a club deal organized by Orienta Partners and Indigo Capital.
Virosac, established in 1973, is Italy’s market leader in premium, innovative biodegradable waste and food storage bags. Virosac produces innovative and environmentally friendly household products designed to reduce the waste of raw materials. Virosac relies on a state-of-the-art facility fully equipped with 11 extruders and 24 welding machines that guarantee a production of more than 1.5 billion bags per year.
Orienta Partners is an Italian club-deal investment company focused on investments in Italian mid-market companies. Indigo Capital is a French independent investment management firm specializing in the provision of private bonds and preferred equity to mid-market businesses.
The financial details of the transaction were not disclosed.
Related Transactions
Deal Type Mergers and Acquisitions
Sector Industrials and Industrial Technology
Deal Type Mergers and Acquisitions
Sector Industrials and Industrial Technology
Deal Type Mergers and Acquisitions
Sector Consumer / Retail / E-commerce / Leisure
Deal Type Mergers and Acquisitions
Sector Capital Goods and Heavy Industries, Industrials and Industrial Technology