Glass Industry News

Vetrerie Riunite to strengthen presence in China for the production of portholes

, Vetrerie Riunite Group

Vetrerie Riunite Group, a company based in Verona, world leader in the production of glass portholes for the household appliances market, has reached an agreement for the acquisition of a majority stake in the share capital of Suizhong, Ming Hui Industrial Technology, leading Chinese manufacturer of glass portholes. The closing of the transaction is expected within the year.

VR Group has been controlled by a company affiliated with the private equity fund Sun European Partners since December 2019. The signing of the agreement with Minghui will allow VR Group to strengthen and expand its presence in China to benefit from both the rapid growth of the domestic market, and opportunities in terms of exports. In addition, through a strengthening of its presence in China,

VR Group will further improve the quality of the service offered to its Chinese customers, as well as to the Chinese plants of its international customers. Simultaneously with the signing of this acquisition, VR Group is expanding its production capacity in Italy, reaffirming its focus on the market of glass portholes for washing machines.

About:
Vetrerie Riunite Group is a global leader in the market for glass fronted door glasses for the home appliance market and works with over 3,000 clients all over the world. Thanks to our entrepreneurial spirit, ability to innovate and dynamism we have over 100 years of experience in this sector.

Our story started in 1905, when our founders who worked in the historically important glass making tradition of Altare (SV) and Colle Val d’Elsa (SI), started working in Turin manufacturing lighting for the residential sector and industrial components (Isolators). The automotive sector in the seventies was in a boom period andVetrerie Riunite Group started producing glass for headlights. To manage the increasing demand for its productsVetrerie Riunite Group established its new factory and head office at Colognola ai Colli in the province of Verona. This was how Vetrerie Riunite spa was founded. During this time, production and development of door glasses for washing and dish washing machines was started and this became the principal business for the group.

In 1981 Vetrerie Riunite Group purchased Borromini srl a company with many years’ experience in the production and development of moulds for the automotive lighting sector. In the middle of the eighty’s Vetrerie Riunite Group created Novaref spa to develop glass rollers for the ceramics and construction business.
TheVetrerie Riunite Group has moved forward into the new millennium and continues its growth in both production, quality and exploiting new techniques. The latest investment for the group in 2017 was the building of a new oven Centauro, which will enable production levels to be increased by 25% to reach 300 tonnes of glass per day.

, © Vetrerie Riunite Group

News material on the Site is copyright and belongs to the Company or to its third party news provider, and all rights are reserved. Any User who accesses such material may do so only for its own personal use, and the use of such material is at the sole risk of the User. Redistribution or other commercial exploitation of such news material is expressly prohibited. Where such news material is provided by a third party, each User agrees to observe and be bound by the specific terms of use applying to such news material. We do not represent or endorse the accuracy or reliability of any of the info contained in any news or external websites referred to in the news.

Should the content or the design of these sites violate third parties rights or legal prescriptions, we kindly ask you to send us a respective message without invoice or cost. We guarantee that passages where the claim is considered as justified will be removed immediately, without any necessity to involve any lawyer into this issue. We will reject any claim caused by submission of a honorary note in this regard without any prior contact and confirmation of the issueby us and we reserve the right ssue counter claim ourselves because of violation of aforesaid conditions.



Info Grid

Glass studies

Updated worldwide glass study 2024

plants.glassglobal.com

Updated hollow glass study 2024

Request more information

Updated float glass study 2024

Request more information

Further glass market studies

Request more information

Company Profile



Updated worldwide glass market study 2024 available now for flat, container glass and tableware

We have updated our international studies on flat glass, container glass and tableware for 2024.

This unique software provides a global overview about glass producers and technical details. Easy to use and clear tables summarize information and data about glass makers such as: Glass types: flat glass, container glass, tableware, production capacities in regions and countries, number of furnaces, furnace types, year of construction, glass types and sub-types, products, project information, special news and downloads.

Further databases supplying demoscopic data and import and export data complete the market survey. Based on these data, prepare individual country profiles with information about local production capacities, local market sizes and expected demand in the future.

Request your offer via plants.glassglobal.com.

Updated container glass study 2024

X

Updated float glass study 2024

X

Further glass studies and reports 2024

X