Vetrerie Riunite

The story of Vetrerie Riunite begins in 1905, when founders with roots in the historic Italian glassmaking regions of Altare and Colle di Val d'Elsa started a facility in Turin. Initially producing a range of glass items, the company made a pivotal shift in the 1960s to manufacture glass lenses for the booming automotive industry. This strategic move, led by Renato Chivilò, prompted the opening of a new, larger plant in Colognola ai Colli in 1971 to meet demand. It was during this period that the company identified another key market: glass portholes for washing machines, which would become its core business. Throughout the late 20th century, the company expanded by acquiring specialized firms like Borromini srl for mold making. The playbook was clear: dominate a niche, industrial-focused segment. By the new millennium, producing portholes for the world's largest appliance manufacturers like Bosch, LG, and Whirlpool was its primary focus. The modern chapter saw significant private equity interest. In 2019, an affiliate of Sun European Partners acquired the group, recognizing its global leadership potential. A key strategic move under this ownership was the 2021 acquisition of a majority stake in Chinese competitor Suizhong Minghui Industrial Technology, cementing Vetrerie Riunite's position as a truly global manufacturer. The journey continued in October 2023, when Sun European Partners agreed to sell the Vetrerie Riunite Group to investment companies Teak Capital and Tangor Capital, marking the next phase of growth for this specialized Italian industrial leader.