AXA Private Equity buys 70% stake in Bruni Glass

Published 1st October, 2012 by Greg Morris

AXA Private Equity is to acquire a majority 70% stake in Italian company Bruni Glass.

Bruni is involved in glass containers for spirits, food, pharmaceutical products and related accessories. The management of Bruni Glass took part in the deal with a total stake of 30%.

Bruni Glass was founded in 1974 and is based in Milan. It is also involved in glass containers for wine, champagne, food and pharmaceutical products.

Bruni’s target markets are Italy and all Western economies, with a particular focus on North America. It offers more than 3000 products.

In 2011, it had a turnover of more than €108 million, with almost 60% of its sales abroad. Bruni has grown by 16% in the last two years.

Greg Morris

Glass International Editor

Greg Morris has been editor of Glass International and organiser of the Glassman conferences since 2012, specialising in glass packaging. Prior to this he spent five years working in newspaper journalism.