Recently, Investindustrial announced its acquisition of a majority stake in Eurovetrocap, a leading cosmetics packaging provider based in Trezzano sul Naviglio, near Milan, Italy. This strategic acquisition follows the firm’s purchase of Spain’s Virospack in 2023, marking a significant consolidation of Investindustrial’s position in the growing beauty packaging sector.
Founded in 1983, Eurovetrocap specializes in the development, finishing, and distribution of primary packaging solutions—spanning glass, plastic, and aluminium—for the skincare, make-up, and pharmaceutical industries. With a workforce of 140 employees, the company produces over 280 million units annually and serves more than 3,000 customers, including a substantial base of small and independent beauty brands. Eurovetrocap’s versatile product range, customisation services, and quick turnaround times have earned it a strong reputation, with products distributed to over 90 countries through agents, distributors, and commercial offices in Italy, France, the UK, and the US.
As part of the deal, the founding Cattaneo family will retain a minority stake in the company, and the existing management team will remain in place to ensure a seamless transition. Investindustrial aims to leverage the combined strengths of Eurovetrocap and Virospack, enhancing both companies’ manufacturing, distribution capabilities, and market reach. This merger will deepen relationships with both major beauty groups and independent brands in the luxury and masstige markets.
The acquisition creates a robust European cosmetic packaging platform with combined revenues exceeding EUR 120 million and a workforce of nearly 500 employees.
