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Tuesday, 16 April 2019 09:59

EY advises Stirling Square Capital on Verescence acquisition

EY advised private equity firm Stirling Square Capital Partners on the acquisition of glass bottle manufacturer Verescence, which has three production centres, in Spain, France and the US.

Verescence manufactures perfume bottles for the cosmetics industry.

Stirling Square Capital Partners acquired the company from Oaktree Capital Management.

In 2018, Verescence employed 2,300 people worldwide, with total sales of €305 million.

Stirling Square Capital Partners has more than €2 billion of assets under management.