Investindustrial acquires 51% stake in Virospack, leading supplier to cosmetics industry

2023-12-11T12:07:00
Spain
Investindustrial acquires 51% stake in Virospack, leading supplier to cosmetics industry
December 11, 2023
Cuatrecasas has advised Virospack on selling 51% of its share capital to Investindustrial, one of the largest European independent investment groups.

Founded in 1956, Virospack is based in Badalona (Barcelona) and is the leading global manufacturer of droppers for high-quality skincare, hair, nails and liquid makeup products. With an annual turnover of around €60 million and distribution in over 20 countries, the company supplies the world’s most important brands in the cosmetics industry and is considered market leader in product quality.

Gerard Correig, our Corporate and M&A parter and lead counsel on this transaction, said: “We are very proud to have been able to assist the Rodríguez family with this transaction and we are sure that Virospack will continue to succeed in the various challenges ahead.” Lawyers Cristina Peláez, Georgina Bofill, Ane Ballano, Ricardo Riverola and Carlos Ramírez made up the advisory team. Banco Sabadell acted as financial counsel for this transaction.
December 11, 2023