Sector
Consumer Goods
Deal type
Management Buy In
Year
07/2012
Status
Realized
Fund
Alto Capital III
Region
Veneto (Italy)
Website

The Company, founded in 1973, produces innovative and environmentally friendly household products, in particular waste bags. Virosac was the first company to obtain the license for the use of biopolymer MaterBi obtained from corn and produced by Novamont. Since the late 90s the Company obtained important certifications attesting the use of biodegradable and compostable materials. The products are designed to reduce the waste of raw materials, using recycled materials and minimizing secondary packaging, characteristics that allowed the Company to obtain the “Legambiente” brand from the association of environmental interest which is acknowledged by the Italian Ministry of the Environment. In October 2019, the company was sold to a group of private investors.