Private equity skills and know-how have transformed Saverglass into a world leader in the design and manufacture of glass bottles and decanters for fine wines and spirits. Thanks to investment from Omnes and NiXEN Partners, Saverglass built new facilities in Arques, more than doubling production to 300,000 tonnes over a five-year period. A refocusing of the business helped Saverglass secure drinks-maker clients in the champagne and brandy markets: it now has a 50% market share of the premium and super-premium segment.
In 2011, when fellow private equity firm Astorg took over with fresh finances and plans to cement Saverglass’s position in the top-end glass market, revenues had increased by over a quarter and jobs by over 40%. The company continued its growth story with Astorg, before being sold to the Carlyle Group in 2016.
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