Investindustrial to acquire majority stake in Virospack


Investment company Investindustrial is to acquire a 51% stake in Virospack, a manufacturer of cosmetics droppers.

Barcelona-based Virospack claims to be the largest manufacturer globally of droppers for skincare, hair, nails and liquid make-up. The company generates annual sales of €60m, with 90% of business from export sales.

In the past 10 years, Virospack has invested €60m to build manufacturing capacity in a 21,000m2 (226,000ft2) complex in Barcelona. Virospack plans to increase its manufacturing area by more than 50% over in the next three years.

Virospack is led by Executive Chairman Vicens Rodriguez, son of the company’s founder. The company, founded in 1956, manufactures over 120 million droppers and spatulas and more than 20 million bottles annually and employs almost 400 people.

“Investindustrial’s investment in Virospack is part of a strategy to invest a relevant amount of the firm’s latest €1.1bn growth fund – raised earlier this year – in Iberian companies to support their growth and, in particular, to accelerate their globalization. With this acquisition, Investindustrial continues to invest in Spain, a country of importance for our portfolio and future investment strategy”, stated Andrea C. Bonomi, Investindustrial Chairman of the Industrial Advisory Board.