03.11.19
Verescence has announced that Stirling Square Capital Partners, a leading pan-European private equity firm, is a new shareholder of the group.
Verescence produces 500 million bottles per year in its three glass production sites and its four decoration sites in Europe and North America. In 2018, the company employed 2,300 people worldwide and achieved sales revenue of 305 million euros.
“The arrival of Stirling Square Capital Partners as a new shareholder of our group, will enable us to accelerate our international expansion and our new strategic plan Verescence 2022-Forming the Future—a project which includes a massive investment plan of 122 million euros,” says Thomas Riou, president of Verescence.
PHOTO: Glass bottles and jars from Verescence
Verescence produces 500 million bottles per year in its three glass production sites and its four decoration sites in Europe and North America. In 2018, the company employed 2,300 people worldwide and achieved sales revenue of 305 million euros.
“The arrival of Stirling Square Capital Partners as a new shareholder of our group, will enable us to accelerate our international expansion and our new strategic plan Verescence 2022-Forming the Future—a project which includes a massive investment plan of 122 million euros,” says Thomas Riou, president of Verescence.
PHOTO: Glass bottles and jars from Verescence
