GlassOnWeb.com - Glass News -  Vision Capital buys Bormioli Rocco
 
 HOME   DIRECTORY   NEWS   ARTICLES   BUSINESS AREA   FORUM    JOBS  
 
Sign-in | Registration
  »  Home  »  News  »   Vision Capital buys Bormioli Rocco
 
 
   CONTRIBUTE
Submit your news
Submitted news



   NEWS ARCHIVES
2016
February
January
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001



GLASS ON WEB - news feed
 
  News


Companies
Vision Capital buys Bormioli Rocco

UK-based private equity firm Vision Capital has acquired 95% interest in Italian glass and plastic-packaging manufacturer Bormioli Rocco from Italian bank Banco Popolare for EUR238m ($336m).

Vision Capital will also acquire a portfolio of investments held by Banco Popolare's unit Efibanca for €10.5m ($14m) under the agreement.

JPMorgan Chase will provide a loan package for the Bormioli Rocco deal, while Vision Capital will pay €10m in cash for the minority investments.

Bormioli Rocco produces glassware and packaging containers for home and professional use, as well as supply glass and plastic packaging to the global pharmaceutical and food industries. The company posted earnings before interest, taxes, depreciation and amortisation of €85m on sales of €531m in 2010.


June 10th, 2011
Source: www.packagingservices.packaging-business-review.com


Share this news article:




Latest news
Feb-05-16
Guardian launches Student Design Challenge focusing on interior applications for Clarity™ anti-reflective glass
Feb-05-16
PLP Architects use Spheron for accurate glass visualization studies
Feb-05-16
Further Investment in The Glass Machinery Company Range from Mid Devon Glass
Feb-05-16
Network with the Architectural Glass & Glazing Industry's Key Influencers at GlassCon Global!
Feb-05-16
HyGear on China Glass Expo Shanghai 2016
Feb-05-16
Glass processors could increase capacity by up to 10 per cent
Feb-05-16
Follow-up order from HEINZ-GLAS
Feb-05-16
Interview with the President of Russia StekloSouz
Feb-05-16
Tubelite names Michelle Musso as South Central regional sales manager
Feb-05-16
Pro Display is at ISE 2016 next week - see us on stand 1-M6




ADVERTISEMENT